Technical View and Trading calls of Cnx IT & Bank Nifty, 6 October 2010

Bank Nifty Intraday levels and trading tips

Today, 12750 is crucial for Intraday.

If Bank Nifty sustains below 12750, then it could test 12600, and below that level it could test 12500.
Instead, if Bank Nifty trades above 12750, then it could test 12900.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 October 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 990.