Monday, September 24, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 24 September 2012

Bank Nifty Intraday levels and trading tips
Today, 11225 is crucial for Intraday.
If Bank Nifty sustains below 11225, then it could test 11050, and below that level it could test 10800.
Instead, if Bank Nifty trades above 11225, then it could test 11300.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 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 810. Trade short below 865 for a target of 880.