Technical View and Trading calls of Cnx IT & Bank Nifty, 5 September 2012

Bank Nifty Intraday levels and trading tips

Today, 9980 is crucial for Intraday.

If Bank Nifty sustains below 9980, then it could test 9900, and below that level it could test 9780.
Instead, if Bank Nifty trades above 9980, then it could test 10050.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 Sepember 2012

Reliance

Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 790. Trade short below 780 for a target of 750.