Technical View and Trading calls of Cnx IT & Bank Nifty, 12 July 2011

Bank Nifty Intraday levels and trading tips

Today, 11080 is crucial for Intraday.

If Bank Nifty sustains below 11080, then it could test 10950, and below that level it could test 10870.
Instead, if Bank Nifty trades above 11080, then it could test 11150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 July 2011

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 880. Trade short below 860 for a target of 820.