Technical View and Trading calls of Cnx IT & Bank Nifty, 7 February 2012

Bank Nifty Intraday levels and trading tips

Today, 10450 is crucial for Intraday.

If Bank Nifty sustains below 10450, then it could test 10300, and below that level it could test 10150.
Instead, if Bank Nifty trades above 10450, then it could test 10550.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 February 2012

Reliance

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 870. Trade short below 850 for a target of 795.