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

Bank Nifty Intraday levels and trading tips

Today, 10950 is crucial for Intraday.

If Bank Nifty sustains below 10950, then it could test 10870, and below that level it could test 10700.
Instead, if Bank Nifty trades above 10950, then it could test 11050.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 July 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 830.