Technical View and Trading calls of Cnx IT & Bank Nifty, 1 June 2011

Bank Nifty Intraday levels and trading tips

Today, 10850 is crucial for Intraday.

If Bank Nifty sustains below 10850, then it could test 10650, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10850, then it could test 11150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 June 2011

Reliance

Today, 935 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 960. Trade short below 935 for a target of 915.