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

Bank Nifty Intraday levels and trading tips

Today, 9290 is crucial for Intraday.

If Bank Nifty sustains below 9290, then it could test 9100, and below that level it could test 9000.
Instead, if Bank Nifty trades above 9290, then it could test 9350.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 May 2012

Reliance

Today, 695 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 695 is crucial for short term. Positional Traders, trade long above 695 for a target of 715. Trade short below 695 for a target of 660.