Technical View and Trading calls of Cnx IT & Bank Nifty, 28 June 2011

Bank Nifty Intraday levels and trading tips

Today, 11050 is crucial for Intraday.

If Bank Nifty sustains below 11050, then it could test 10950, and below that level it could test 10875.
Instead, if Bank Nifty trades above 11050, then it could test 11150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 June 2011

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 890. Trade short below 870 for a target of 835.