Thursday, February 10, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 10 February 2011

Bank Nifty Intraday levels and trading tips
Today, 10140 is crucial for Intraday.
If Bank Nifty sustains below 10140, then it could test 9900, and below that level it could test 9750.
Instead, if Bank Nifty trades above 10140, then it could test 10300.

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

Reliance
Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 935. Trade short below 915 for a target of 880.