Technical View and Trading calls of Cnx IT & Bank Nifty, 3 September 2012

Bank Nifty Intraday levels and trading tips

Today, 10060 is crucial for Intraday.

If Bank Nifty sustains below 10060, then it could test 9950, and below that level it could test 9900.
Instead, if Bank Nifty trades above 10060, then it could test 10150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 Sepember 2012

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 790. Trade short below 775 for a target of 745.