Technical View and Trading calls of Cnx IT & Bank Nifty, 1 October 2010

Bank Nifty Intraday levels and trading tips

Today, 12300 is crucial for Intraday.

If Bank Nifty sustains below 12300, then it could test 12210, and below that level it could test 12110.
Instead, if Bank Nifty trades above 12300, then it could test 12500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 October 2010

Reliance

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1025. Trade short below 1010 for a target of 965.