Technical View and Trading calls of Cnx IT & Bank Nifty, 25 August 2011

Bank Nifty Intraday levels and trading tips

Today, 9350 is crucial for Intraday.

If Bank Nifty sustains below 9350, then it could test 9200, and below that level it could test 9100.
Instead, if Bank Nifty trades above 9350, then it could test 9450.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 August 2011

Reliance

Today, 775 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 775 is crucial for short term. Positional Traders, trade long above 775 for a target of 795. Trade short below 775 for a target of 740.