Technical View and Trading calls of Cnx IT & Bank Nifty, 9 November 2012

Bank Nifty Intraday levels and trading tips

Today, 11650 is crucial for Intraday.

If Bank Nifty sustains below 11650, then it could test 11550, and below that level it could test 11470.
Instead, if Bank Nifty trades above 11650, then it could test 11750.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 November 2012

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 830. Trade short below 800 for a target of 770.