Technical View and Trading calls of Cnx IT & Bank Nifty, 20 July 2012

Bank Nifty Intraday levels and trading tips

Today, 10650 is crucial for Intraday.

If Bank Nifty sustains below 10650, then it could test 10500, and below that level it could test 10400.
Instead, if Bank Nifty trades above 10650, then it could test 10720.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 July 2012

Reliance

Today, 730 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 730 is crucial for short term. Positional Traders, trade long above 730 for a target of 745. Trade short below 730 for a target of 700.