Thursday, March 22, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 22 March 2012

Bank Nifty Intraday levels and trading tips
Today, 10580 is crucial for Intraday.
If Bank Nifty sustains below 10580, then it could test 10450, and below that level it could test 10350.
Instead, if Bank Nifty trades above 10580, then it could test 10700.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 March 2012

Reliance
Today, 775 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 775 is crucial for short term. Positional Traders, trade long above 775 for a target of 790. Trade short below 775 for a target of 700.