Technical View and Trading calls of Cnx IT & Bank Nifty, 7 January 2011

Bank Nifty Intraday levels and trading tips

Today, 11120 is crucial for Intraday.

If Bank Nifty sustains below 11120, then it could test 11000, and below that level it could test 10850.
Instead, if Bank Nifty trades above 11120, then it could test 11230.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 January 2011

Reliance

Today, 1095 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1095 is crucial for short term. Positional Traders, trade long above 1095, for a target of 1125. Trade short below 1095 for a target of 1065.