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

Bank Nifty Intraday levels and trading tips

Today, 10850 is crucial for Intraday.

If Bank Nifty sustains below 10850, then it could test 10750, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10850, then it could test 10950.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 March 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 955.