Technical View and Trading calls of Cnx IT & Bank Nifty, 30 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12210 is crucial for Intraday.

If Bank Nifty sustains below 12210, then it could test 12120, and below that level it could test 11950.
Instead, if Bank Nifty trades above 12210, then it could test 12350.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 September 2010

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 995 is crucial for short term. Positional Traders, trade long above 995, for a target of 1025. Trade short below 995 for a target of 965.