Wednesday, March 14, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 14 March 2012

Bank Nifty Intraday levels and trading tips
Today, 10960 is crucial for Intraday.
If Bank Nifty sustains below 10960, then it could test 10700, and below that level it could test 10600.
Instead, if Bank Nifty trades above 10960, then it could test 11100.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 March 2012

Reliance
Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 850. Trade short below 830 for a target of 770.