Technical View and Trading calls of Cnx IT & Bank Nifty, 23 April 2012

Bank Nifty Intraday levels and trading tips

Today, 10540 is crucial for Intraday.

If Bank Nifty sustains below 10540, then it could test 10350, and below that level it could test 10250.
Instead, if Bank Nifty trades above 10540, then it could test 10630.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 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 760. Trade short below 740 for a target of 680.