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

Bank Nifty Intraday levels and trading tips

Today, 9250 is crucial for Intraday.

If Bank Nifty sustains below 9250, then it could test 9100, and below that level it could test 8900.
Instead, if Bank Nifty trades above 9250, then it could test 9400.

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

Reliance

Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 815. Trade short below 785 for a target of 700.