Technical View and Trading calls of Cnx IT & Bank Nifty, 3 August 2011

Bank Nifty Intraday levels and trading tips

Today, 10650 is crucial for Intraday.

If Bank Nifty sustains below 10650, then it could test 10450, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10650, then it could test 10750.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 August 2011

Reliance

Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 855. Trade short below 830 for a target of 800.