Technical View and Trading calls of Cnx IT & Bank Nifty, 21 May 2012

Bank Nifty Intraday levels and trading tips

Today, 9450 is crucial for Intraday.

If Bank Nifty sustains below 9450, then it could test 9300, and below that level it could test 9100.
Instead, if Bank Nifty trades above 9450, then it could test 9580.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 May 2012

Reliance

Today, 690 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 690 is crucial for short term. Positional Traders, trade long above 690 for a target of 710. Trade short below 690 for a target of 650.