Technical View and Trading calls of Cnx IT & Bank Nifty, 11 November 2010

Bank Nifty Intraday levels and trading tips

Today, 12970 is crucial for Intraday.

If Bank Nifty sustains below 12970, then it could test 12820, and below that level it could test 12600.
Instead, if Bank Nifty trades above 12970, then it could test 13150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 November 2010

Reliance

Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1120 is crucial for short term. Positional Traders, trade long above 1120, for a target of 1150. Trade short below 1120 for a target of 1070.