Technical View and Trading calls of Cnx IT & Bank Nifty, 4 July 2011

Bank Nifty Intraday levels and trading tips

Today, 11270 is crucial for Intraday.

If Bank Nifty sustains below 11270, then it could test 11150, and below that level it could test 11050.
Instead, if Bank Nifty trades above 11270, then it could test 11350.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 July 2011

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 820.