Monday, June 13, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 13 June 2011

Bank Nifty Intraday levels and trading tips
Today, 10700 is crucial for Intraday.
If Bank Nifty sustains below 10700, then it could test 10600, and below that level it could test 10500.
Instead, if Bank Nifty trades above 10700, then it could test 10800.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 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 965 for a target of 965. Trade short below 935 for a target of 910.