Technical View and Trading Levels of Cnx IT & Bank Nifty, 07 June 2010

Bank Nifty Intraday levels and range 

Today, 9400 is crucial for Intraday.

If Bank Nifty sustains below 9400, then it could test 9220 and below that level it could test 9100.
Instead, if Bank Nifty trades above 9400, then it could test 9460.

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 08 June 2010

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1025 for a target of 975.