Technical View and Trading calls of Cnx IT & Bank Nifty, 20 January 2011

Bank Nifty Intraday levels and trading tips

Today, 10650 is crucial for Intraday.

If Bank Nifty sustains below 10650, then it could test 10550, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10650, then it could test 10760.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 January 2011

Reliance

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.