Technical View and Trading calls of Cnx IT & Bank Nifty, 1 November 2010

Bank Nifty Intraday levels and trading tips

Today, 12350 is crucial for Intraday.

If Bank Nifty sustains below 12350, then it could test 12180, and below that level it could test 11900.
Instead, if Bank Nifty trades above 12350, then it could test 12500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 November 2010

Reliance

Today, 1105 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1105 is crucial for short term. Positional Traders, trade long above 1105, for a target of 1125. Trade short below 1105 for a target of 1050.