Technical View and Trading calls of Cnx IT & Bank Nifty, 23 February 2012

Bank Nifty Intraday levels and trading tips

Today, 10720 is crucial for Intraday.

If Bank Nifty sustains below 10720, then it could test 10600, and below that level it could test 10350.
Instead, if Bank Nifty trades above 10720, then it could test 10800.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 February 2012

Reliance

Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 890. Trade short below 865 for a target of 825.