Technical View and Trading calls of Cnx IT & Bank Nifty, 18 September 2012

Bank Nifty Intraday levels and trading tips

Today, 11000 is crucial for Intraday.

If Bank Nifty sustains below 11000, then it could test 10800, and below that level it could test 10650.
Instead, if Bank Nifty trades above 11000, then it could test 11100.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 Sepember 2012

Reliance

Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 800. Trade short below 865 for a target of 885.