Technical View and Trading calls of Cnx IT & Bank Nifty, 23 March 2011

Bank Nifty Intraday levels and trading tips

Today, 10780 is crucial for Intraday.

If Bank Nifty sustains below 10780, then it could test 10680, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10780, then it could test 10840.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 March 2011

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025 for a target of 1050. Trade short below 1025 for a target of 960.