Friday, September 09, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 9 September 2011

Bank Nifty Intraday levels and trading tips
Today, 9950 is crucial for Intraday.
If Bank Nifty sustains below 9950, then it could test 9750, and below that level it could test 9650.
Instead, if Bank Nifty trades above 9950, then it could test 10080.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 September 2011

Reliance
Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 890. Trade short below 860 for a target of 800.