Technical View and Trading calls of Cnx IT & Bank Nifty, 21 July 2011

Bank Nifty Intraday levels and trading tips

Today, 11175 is crucial for Intraday.

If Bank Nifty sustains below 11175, then it could test 11075, and below that level it could test 10950.
Instead, if Bank Nifty trades above 11175, then it could test 11250.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 July 2011

Reliance

Today, 885 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 885 is crucial for short term. Positional Traders, trade long above 885 for a target of 895. Trade short below 885 for a target of 850.