Technical View and Trading calls of Cnx IT & Bank Nifty, 22 November 2010

Bank Nifty Intraday levels and trading tips

Today, 12000 is crucial for Intraday.

If Bank Nifty sustains below 12000, then it could test 11850, and below that level it could test 11700.
Instead, if Bank Nifty trades above 12000, then it could test 12160.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 November 2010

Reliance

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1020. Trade short below 980 for a target of 930.