Technical View and Trading Levels of Cnx IT & Bank Nifty, 05 July 2010

Bank Nifty Intraday levels and range 

Today, 9300 is crucial for Intraday.

If Bank Nifty sustains below 9300, then it could test 9240.
Instead, if Bank Nifty trades above 9300, then it could test 9430.

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 05 July 2010

Reliance

Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1100. Trade short below 1050 for a target of 1000.