Friday, March 04, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 4 March 2011

Bank Nifty Intraday levels and trading tips
Today, 11050 is crucial for Intraday.
If Bank Nifty sustains below 11050, then it could test 10750, and below that level it could test 10550.
Instead, if Bank Nifty trades above 11050, then it could test 11200.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 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.