Monday, February 27, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 27 February 2012

Bank Nifty Intraday levels and trading tips
Today, 10350 is crucial for Intraday.
If Bank Nifty sustains below 10350, then it could test 10250, and below that level it could test 10180.
Instead, if Bank Nifty trades above 10350, then it could test 10450.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 February 2012

Reliance
Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 860. Trade short below 835 for a target of 800.