Technical View and Trading calls of Cnx IT & Bank Nifty, 2 September 2011

Bank Nifty Intraday levels and trading tips

Today, 9600 is crucial for Intraday.

If Bank Nifty sustains below 9600, then it could test 9450, and below that level it could test 9350.
Instead, if Bank Nifty trades above 9600, then it could test 9750.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 September 2011

Reliance

Today, 775 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 775 is crucial for short term. Positional Traders, trade long above 775 for a target of 800. Trade short below 775 for a target of 740.