Tuesday, February 21, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 21 February 2012

Bank Nifty Intraday levels and trading tips
Today, 11150 is crucial for Intraday.
If Bank Nifty sustains below 11150, then it could test 10950, and below that level it could test 10750.
Instead, if Bank Nifty trades above 11150, then it could test 11250.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 February 2012

Reliance
Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 865. Trade short below 835 for a target of 795.