Technical View and Trading calls of Cnx IT & Bank Nifty, 1 February 2011

Bank Nifty Intraday levels and trading tips

Today, 10700 is crucial for Intraday.

If Bank Nifty sustains below 10700, then it could test 10500, and below that level it could test 10400.
Instead, if Bank Nifty trades above 10700, then it could test 10780.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 February 2011

Reliance

Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930, for a target of 950. Trade short below 930 for a target of 880.