Friday, February 03, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 3 February 2012

Bank Nifty Intraday levels and trading tips
Today, 10000 is crucial for Intraday.
If Bank Nifty sustains below 10000, then it could test 9850, and below that level it could test 9750.
Instead, if Bank Nifty trades above 10000, then it could test 10150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 February 2012

Reliance
Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 845. Trade short below 825 for a target of 795.