Technical View and Trading calls of Cnx IT & Bank Nifty, 4 December 2012

Bank Nifty Intraday levels and trading tips

Today, 12125 is crucial for Intraday.

If Bank Nifty sustains below 12125, then it could test 12000, and below that level it could test 11850.
Instead, if Bank Nifty trades above 12125, then it could test 12250.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 December 2012

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 820. Trade short below 810 for a target of 790.