Technical View and Trading calls of Cnx IT & Bank Nifty, 27 July 2012

Bank Nifty Intraday levels and trading tips

Today, 10200 is crucial for Intraday.

If Bank Nifty sustains below 10200, then it could test 10050, and below that level it could test 9900.
Instead, if Bank Nifty trades above 10200, then it could test 10300.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 July 2012

Reliance

Today, 715 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 715 is crucial for short term. Positional Traders, trade long above 715 for a target of 725. Trade short below 715 for a target of 690.