Technical View and Trading calls of Cnx IT & Bank Nifty, 23 June 2011

Bank Nifty Intraday levels and trading tips

Today, 10500 is crucial for Intraday.

If Bank Nifty sustains below 10500, then it could test 10420, and below that level it could test 10320.
Instead, if Bank Nifty trades above 10500, then it could test 10575.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 June 2011

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 880. Trade short below 860 for a target of 800.