Wednesday, April 25, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 25 April 2012

Bank Nifty Intraday levels and trading tips
Today, 10300 is crucial for Intraday.
If Bank Nifty sustains below 10300, then it could test 10150, and below that level it could test 10000.
Instead, if Bank Nifty trades above 10300, then it could test 10380.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 pril 2012

Reliance
Today, 745 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 745 is crucial for short term. Positional Traders, trade long above 745 for a target of 760. Trade short below 745 for a target of 680.