Technical View and Trading calls of Cnx IT & Bank Nifty, 12 April 2012

Bank Nifty Intraday levels and trading tips

Today, 10320 is crucial for Intraday.

If Bank Nifty sustains below 10320, then it could test 10050, and below that level it could test 9980.
Instead, if Bank Nifty trades above 10320, then it could test 10400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 April 2012

Reliance

Today, 740 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 740 is crucial for short term. Positional Traders, trade long above 740 for a target of 750. Trade short below 740 for a target of 700.