Technical View and Trading calls of Cnx IT & Bank Nifty, 28 April 2011

Bank Nifty Intraday levels and trading tips

Today, 11850 is crucial for Intraday.

If Bank Nifty sustains below 11850 then it could test 11700, and below that level it could test 11600.
Instead, if Bank Nifty trades above 11850, then it could test 11900.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 April 2011

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 1020. Trade short below 995 for a target of 960.