Tuesday, April 10, 2012

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

Bank Nifty Intraday levels and trading tips
Today, 10175 is crucial for Intraday.
If Bank Nifty sustains below 10175, then it could test 10050, and below that level it could test 9980.
Instead, if Bank Nifty trades above 10175, then it could test 10250.

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

Reliance
Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 765. Trade short below 750 for a target of 700.