Thursday, September 13, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 13 September 2012

Bank Nifty Intraday levels and trading tips
Today, 10200 is crucial for Intraday.
If Bank Nifty sustains below 10200, then it could test 10100, and below that level it could test 10000.
Instead, if Bank Nifty trades above 10200, then it could test 10280.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 Sepember 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 750.