Technical View and Trading calls of Cnx IT & Bank Nifty, 18 April 2011

Bank Nifty Intraday levels and trading tips

Today, 11825 is crucial for Intraday.

If Bank Nifty sustains below 11825 then it could test 11650, and below that level it could test 11550.
Instead, if Bank Nifty trades above 11825, then it could test 11950.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 April 2011

Reliance

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1060. Trade short below 1030 for a target of 990.