Friday, June 10, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 10 June 2011

Bank Nifty Intraday levels and trading tips
Today, 10815 is crucial for Intraday.
If Bank Nifty sustains below 10815, then it could test 10700, and below that level it could test 10600.
Instead, if Bank Nifty trades above 10815, then it could test 10900.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 June 2011

Reliance
Today, 965 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 965 for a target of 995. Trade short below 965 for a target of 935.