Technical View and Trading calls of Cnx IT & Bank Nifty, 3 March 2011

Bank Nifty Intraday levels and trading tips

Today, 11000 is crucial for Intraday.

If Bank Nifty sustains below 11000, then it could test 10750, and below that level it could test 10550.
Instead, if Bank Nifty trades above 11000, then it could test 11100.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 March 2011

Reliance

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

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 1010. Trade short below 980 for a target of 960.