Monday, November 14, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 14 November 2011

Bank Nifty Intraday levels and trading tips
Today, 9500 is crucial for Intraday.
If Bank Nifty sustains below 9500, then it could test 9250, and below that level it could test 9000.
Instead, if Bank Nifty trades above 9500, then it could test 9700.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 November 2011

Reliance
Today, 895 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 910. Trade short below 895 for a target of 850.