Technical View and Trading calls of Cnx IT & Bank Nifty, 2 December 2011

Bank Nifty Intraday levels and trading tips

Today, 8880 is crucial for Intraday.

If Bank Nifty sustains below 8880, then it could test 8800, and below that level it could test 8700.
Instead, if Bank Nifty trades above 8880, then it could test 8950.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 December 2011

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 825. Trade short below 810 for a target of 780.