Thursday, March 01, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 1 March 2012

Bank Nifty Intraday levels and trading tips
Today, 10440 is crucial for Intraday.
If Bank Nifty sustains below 10440, then it could test 10350, and below that level it could test 10150.
Instead, if Bank Nifty trades above 10440, then it could test 10480.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 March 2012

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 750.