Technical View and Trading calls of Cnx IT & Bank Nifty, 17 August 2011

Bank Nifty Intraday levels and trading tips

Today, 10080 is crucial for Intraday.

If Bank Nifty sustains below 10080, then it could test 9930, and below that level it could test 9800.
Instead, if Bank Nifty trades above 10080, then it could test 10200.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 August 2011

Reliance

Today, 755 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 755 is crucial for short term. Positional Traders, trade long above 755 for a target of 780. Trade short below 755 for a target of 730.