Friday, February 10, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 10 February 2012

Bank Nifty Intraday levels and trading tips
Today, 10550 is crucial for Intraday.
If Bank Nifty sustains below 10550, then it could test 10400, and below that level it could test 10200.
Instead, if Bank Nifty trades above 10550, then it could test 10650.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 February 2012

Reliance
Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 885. Trade short below 865 for a target of 795.