Technical View and Trading calls of Cnx IT & Bank Nifty, 30 September 2011

Bank Nifty Intraday levels and trading tips

Today, 9700 is crucial for Intraday.

If Bank Nifty sustains below 9700, then it could test 9550, and below that level it could test 9400.
Instead, if Bank Nifty trades above 9700, then it could test 9760.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 September 2011

Reliance

Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 835. Trade short below 815 for a target of 780.