Thursday, February 24, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 24 February 2011

Bank Nifty Intraday levels and trading tips
Today, 10670 is crucial for Intraday.
If Bank Nifty sustains below 10670, then it could test 10570, and below that level it could test 10450.
Instead, if Bank Nifty trades above 10670, then it could test 10750.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 February 2011

Reliance
Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1040. Trade short below 1010 for a target of 960.