Technical View and Trading calls of Cnx IT & Bank Nifty, 29 March 2011

Bank Nifty Intraday levels and trading tips

Today, 11600 is crucial for Intraday.

If Bank Nifty sustains below 11600, then it could test 11340, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11600, then it could test 11580.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 March 2011

Reliance

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 100. Trade short below 1030 for a target of 990.