Technical View and Trading calls of Cnx IT & Bank Nifty, 31 January 2012

Bank Nifty Intraday levels and trading tips

Today, 9730 is crucial for Intraday.

If Bank Nifty sustains below 9730, then it could test 9590, and below that level it could test 9450.
Instead, if Bank Nifty trades above 9730, then it could test 9830.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 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 825. Trade short below 795 for a target of 765.