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

Bank Nifty Intraday levels and trading tips

Today, 10000 is crucial for Intraday.

If Bank Nifty sustains below 10000, then it could test 9900, and below that level it could test 9750.
Instead, if Bank Nifty trades above 10000, then it could test 10080.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 August 2012

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 805. Trade short below 795 for a target of 770.