Monday, March 19, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 19 March 2012

Bank Nifty Intraday levels and trading tips
Today, 10350 is crucial for Intraday.
If Bank Nifty sustains below 10350, then it could test 10150, and below that level it could test 10000.
Instead, if Bank Nifty trades above 10350, then it could test 10450.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 March 2012

Reliance
Today, 770 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 770 is crucial for short term. Positional Traders, trade long above 770 for a target of 790. Trade short below 770 for a target of 700.