Monday, November 19, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 19 November 2012

Bank Nifty Intraday levels and trading tips
Today, 11350 is crucial for Intraday.
If Bank Nifty sustains below 11350, then it could test 11250, and below that level it could test 11150.
Instead, if Bank Nifty trades above 11350, then it could test 11420.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 November 2012

Reliance

Today, 782 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 782 is crucial for short term. Positional Traders, trade long above 782 for a target of 815. Trade short below 782 for a target of 760.