Technical View and Trading calls of Cnx IT & Bank Nifty, 24 May 2012

Bank Nifty Intraday levels and trading tips

Today, 9420 is crucial for Intraday.

If Bank Nifty sustains below 9420, then it could test 9350, and below that level it could test 9250.
Instead, if Bank Nifty trades above 9420, then it could test 9480.

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

Reliance

Today, 700 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 700 is crucial for short term. Positional Traders, trade long above 700 for a target of 715. Trade short below 700 for a target of 660.