Technical View and Trading calls of Cnx IT & Bank Nifty, 3 October 2011

Bank Nifty Intraday levels and trading tips

Today, 9300 is crucial for Intraday.

If Bank Nifty sustains below 9300, then it could test 9100, and below that level it could test 8900.
Instead, if Bank Nifty trades above 9350, then it could test 9400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 October 2011

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 815. Trade short below 790 for a target of 700.