Technical View and Trading calls of Cnx IT & Bank Nifty, 20 January 2012

Bank Nifty Intraday levels and trading tips

Today, 9250 is crucial for Intraday.

If Bank Nifty sustains below 9250, then it could test 9150, and below that level it could test 9050.
Instead, if Bank Nifty trades above 9250, then it could test 9300.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 January 2012

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 820. Trade short below 795 for a target of 750.