Monday, January 10, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 11 January 2011

Bank Nifty Intraday levels and trading tips
Today, 11130 is crucial for Intraday.
If Bank Nifty sustains below 11130, then it could test 10900, and below that level it could test 10600.
Instead, if Bank Nifty trades above 11130, then it could test 11230.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 January 2011

Reliance
Today, 1065 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1065 is crucial for short term. Positional Traders, trade long above 1065, for a target of 1095. Trade short below 1065 for a target of 1040.