Tuesday, February 08, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 8 February 2011

Bank Nifty Intraday levels and trading tips
Today, 10450 is crucial for Intraday.
If Bank Nifty sustains below 10450, then it could test 10300, and below that level it could test 10150.
Instead, if Bank Nifty trades above 10450, then it could test 10500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 February 2011

Reliance
Today, 935 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 950. Trade short below 935 for a target of 900.