Technical View and Trading calls of Cnx IT & Bank Nifty, 2 February 2011

Bank Nifty Intraday levels and trading tips

Today, 10500 is crucial for Intraday.

If Bank Nifty sustains below 10500, then it could test 10300, and below that level it could test 10150.
Instead, if Bank Nifty trades above 10500, then it could test 10700.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 February 2011

Reliance

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900, for a target of 930. Trade short below 900 for a target of 870.