Technical View and Trading calls of Cnx IT & Bank Nifty, 14 December 2011

Bank Nifty Intraday levels and trading tips

Today, 8700 is crucial for Intraday.

If Bank Nifty sustains below 8700, then it could test 8550, and below that level it could test 8350.
Instead, if Bank Nifty trades above 8700, then it could test 8800.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 December 2011

Reliance

Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 775. Trade short below 750 for a target of 710.