Monday, September 19, 2011

Technical View and Trading calls of Cnx IT & Bank Nifty, 19 September 2011

Bank Nifty Intraday levels and trading tips
Today, 9760 is crucial for Intraday.
If Bank Nifty sustains below 9760, then it could test 9550, and below that level it could test 9400.
Instead, if Bank Nifty trades above 9760, then it could test 9870.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 September 2011

Reliance
Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 855. Trade short below 835 for a target of 780.