Technical View and Trading calls of Cnx IT & Bank Nifty, 17 July 2012

Bank Nifty Intraday levels and trading tips

Today, 10635 is crucial for Intraday.

If Bank Nifty sustains below 10635, then it could test 10570, and below that level it could test 10470.
Instead, if Bank Nifty trades above 10635, then it could test 10720.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 July 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 700.