Technical View and Trading calls of Cnx IT & Bank Nifty, 1 February 2012

Bank Nifty Intraday levels and trading tips

Today, 9850 is crucial for Intraday.

If Bank Nifty sustains below 9850, then it could test 9700, and below that level it could test 9450.
Instead, if Bank Nifty trades above 9850, then it could test 9950.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 February 2012

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 845. Trade short below 825 for a target of 795.