Technical View and Trading calls of Cnx IT & Bank Nifty, 14 May 2012

Bank Nifty Intraday levels and trading tips

Today, 9530 is crucial for Intraday.

If Bank Nifty sustains below 9530, then it could test 9350, and below that level it could test 9100.
Instead, if Bank Nifty trades above 9530, then it could test 9650.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 May 2012

Reliance

Today, 710 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 710 is crucial for short term. Positional Traders, trade long above 700 for a target of 730. Trade short below 710 for a target of 670.