Technical View and Trading calls of Cnx IT & Bank Nifty, 6 September 2011

Bank Nifty Intraday levels and trading tips

Today, 9600 is crucial for Intraday.

If Bank Nifty sustains below 9600, then it could test 9450, and below that level it could test 9300.
Instead, if Bank Nifty trades above 9600, then it could test 9650.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 September 2011

Reliance

Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 805. Trade short below 785 for a target of 740.