Technical View and Trading calls of Cnx IT & Bank Nifty, 25 November 2011

Bank Nifty Intraday levels and trading tips

Today, 8500 is crucial for Intraday.

If Bank Nifty sustains below 8500, then it could test 8420, and below that level it could test 8280.
Instead, if Bank Nifty trades above 8500, then it could test 8550.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 November 2011

Reliance

Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 815. Trade short below 780 for a target of 730.