Monday, March 21, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 21 March 2011

Bank Nifty Intraday levels and trading tips
Today, 10680 is crucial for Intraday.
If Bank Nifty sustains below 10680, then it could test 10550, and below that level it could test 10450.
Instead, if Bank Nifty trades above 10680, then it could test 10780.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 March 2011

Reliance
Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990 for a target of 1025. Trade short below 990 for a target of 960.