Technical View and Trading calls of Cnx IT & Bank Nifty, 13 April 2011

Bank Nifty Intraday levels and trading tips

Today, 11550 is crucial for Intraday.

If Bank Nifty sustains below 11550 then it could test 11450, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11550, then it could test 11650.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 April 2011

Reliance

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1030. Trade short below 1000 for a target of 960.