Technical View and Trading calls of Cnx IT & Bank Nifty, 10 December 2012

Bank Nifty Intraday levels and trading tips

Today, 12420 is crucial for Intraday.

If Bank Nifty sustains below 12420, then it could test 12200, and below that level it could test 12100.
Instead, if Bank Nifty trades above 12420, then it could test 12480.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 December 2012

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 860. Trade short below 840 for a target of 805.