Technical View and Trading calls of Cnx IT & Bank Nifty, 5 March 2012

Bank Nifty Intraday levels and trading tips

Today, 10400 is crucial for Intraday.

If Bank Nifty sustains below 10400, then it could test 10350, and below that level it could test 10150.
Instead, if Bank Nifty trades above 10400, then it could test 10500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 March 2012

Reliance

Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 835. Trade short below 815 for a target of 750.