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

Bank Nifty Intraday levels and trading tips

Today, 11350 is crucial for Intraday.

If Bank Nifty sustains below 11350, then it could test 11150, and below that level it could test 11050.
Instead, if Bank Nifty trades above 11350, then it could test 11500.

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

Reliance

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 920. Trade short below 900 for a target of 850.