Technical View and Trading calls of Cnx IT & Bank Nifty, 27 April 2011

Bank Nifty Intraday levels and trading tips

Today, 11950 is crucial for Intraday.

If Bank Nifty sustains below 11950 then it could test 11850, and below that level it could test 11750.
Instead, if Bank Nifty trades above 11950, then it could test 12000.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 April 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 1055. Trade short below 1030 for a target of 960.