Friday, March 09, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 9 March 2012

Bank Nifty Intraday levels and trading tips
Today, 10250 is crucial for Intraday.
If Bank Nifty sustains below 10250, then it could test 10180, and below that level it could test 10000.
Instead, if Bank Nifty trades above 10250, then it could test 10450.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 March 2012

Reliance
Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 810. Trade short below 780 for a target of 750.