Technical View and Trading calls of Cnx IT & Bank Nifty, 7 June 2011

Bank Nifty Intraday levels and trading tips

Today, 10900 is crucial for Intraday.

If Bank Nifty sustains below 10900, then it could test 10800, and below that level it could test 10700.
Instead, if Bank Nifty trades above 10900, then it could test 11000.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 June 2011

Reliance

Today, 935 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 960. Trade short below 935 for a target of 915.