Technical View and Trading calls of Cnx IT & Bank Nifty, 10 October 2011

Bank Nifty Intraday levels and trading tips

Today, 9050 is crucial for Intraday.

If Bank Nifty sustains below 9050, then it could test 8880, and below that level it could test 8750.
Instead, if Bank Nifty trades above 9050, then it could test 9150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 October 2011

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 845. Trade short below 820 for a target of 785.