Technical View and Trading calls of Cnx IT & Bank Nifty, 1 March 2011

Bank Nifty Intraday levels and trading tips

Today, 10550 is crucial for Intraday.

If Bank Nifty sustains below 10550, then it could test 10350, and below that level it could test 10200.
Instead, if Bank Nifty trades above 10550, then it could test 10650.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 March 2011

Reliance

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 980. Trade short below 960 for a target of 930.