Technical View and Trading calls of Cnx IT & Bank Nifty, 22 July 2011

Bank Nifty Intraday levels and trading tips

Today, 11100 is crucial for Intraday.

If Bank Nifty sustains below 11100, then it could test 10950, and below that level it could test 10800.
Instead, if Bank Nifty trades above 11100, then it could test 11150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 July 2011

Reliance

Today, 855 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 885. Trade short below 855 for a target of 830.