Technical View and Trading calls of Cnx IT & Bank Nifty, 10 January 2012

Bank Nifty Intraday levels and trading tips

Today, 8520 is crucial for Intraday.

If Bank Nifty sustains below 8520, then it could test 8400, and below that level it could test 800.
Instead, if Bank Nifty trades above 8520, then it could test 8700.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 January 2012

Reliance

Today, 715 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 715 is crucial for short term. Positional Traders, trade long above 715 for a target of 730. Trade short below 715 for a target of 680.