Technical View and Trading calls of Cnx IT & Bank Nifty, 29 August 2011

Bank Nifty Intraday levels and trading tips

Today, 9220 is crucial for Intraday.

If Bank Nifty sustains below 9220, then it could test 9100, and below that level it could test 9000.
Instead, if Bank Nifty trades above 9220, then it could test 9350.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 August 2011

Reliance

Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 775. Trade short below 750 for a target of 720.