Technical View and Trading calls of Cnx IT & Bank Nifty, 30 May 2012

Bank Nifty Intraday levels and trading tips

Today, 9700 is crucial for Intraday.

If Bank Nifty sustains below 9700, then it could test 9620, and below that level it could test 9500.
Instead, if Bank Nifty trades above 9700, then it could test 9800.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 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.