Thursday, March 10, 2011

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

Bank Nifty Intraday levels and trading tips
Today, 10950 is crucial for Intraday.
If Bank Nifty sustains below 10950, then it could test 10850, and below that level it could test 10750.
Instead, if Bank Nifty trades above 10950, then it could test 11050.

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