Technical View and Trading calls of Cnx IT & Bank Nifty, 19 April 2011

Bank Nifty Intraday levels and trading tips

Today, 11500 is crucial for Intraday.

If Bank Nifty sustains below 11825 then it could test 11300, and below that level it could test 11100.
Instead, if Bank Nifty trades above 11500, then it could test 11700.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 April 2011

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1030. Trade short below 1010 for a target of 960.