Technical View and Trading calls of Cnx IT & Bank Nifty, 6 June 2012

Bank Nifty Intraday levels and trading tips

Today, 9780 is crucial for Intraday.

If Bank Nifty sustains below 9780, then it could test 9600, and below that level it could test 9550.
Instead, if Bank Nifty trades above 9780, then it could test 9940.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 June 2012

Reliance

Today, 725 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 725 is crucial for short term. Positional Traders, trade long above 725 for a target of 735. Trade short below 725 for a target of 690.