Technical View and Trading calls of Cnx IT & Bank Nifty, 13 October 2010

Bank Nifty Intraday levels and trading tips

Today, 12550 is crucial for Intraday.

If Bank Nifty sustains below 12550, then it could test 12350, and below that level it could test 12200.
Instead, if Bank Nifty trades above 12550, then it could test 12600.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 October 2010

Reliance

Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055, for a target of 1100. Trade short below 1055 for a target of 1020.