Technical View and Trading calls of Cnx IT & Bank Nifty, 8 December 2011

Bank Nifty Intraday levels and trading tips

Today, 9150 is crucial for Intraday.

If Bank Nifty sustains below 9150, then it could test 9020, and below that level it could test 8850.
Instead, if Bank Nifty trades above 9150, then it could test 9300.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 December 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 780.