Technical View and Trading calls of Cnx IT & Bank Nifty, 28 January 2011

Bank Nifty Intraday levels and trading tips

Today, 10725 is crucial for Intraday.

If Bank Nifty sustains below 10725, then it could test 10550, and below that level it could test 10350.
Instead, if Bank Nifty trades above 10725, then it could test 10840.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 January 2011

Reliance

Today, 950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950, for a target of 990. Trade short below 950 for a target of 910.