Technical View and Trading calls of Cnx IT & Bank Nifty, 29 February 2012

Bank Nifty Intraday levels and trading tips

Today, 10600 is crucial for Intraday.

If Bank Nifty sustains below 10600, then it could test 10500, and below that level it could test 10400.
Instead, if Bank Nifty trades above 10600, then it could test 10680.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 February 2012

Reliance

Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 835. Trade short below 815 for a target of 750.