Technical View and Trading calls of Cnx IT & Bank Nifty, 1 October 2012

Bank Nifty Intraday levels and trading tips

Today, 11500 is crucial for Intraday.

If Bank Nifty sustains below 11500, then it could test 11400, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11500, then it could test 11550.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 October 2012

Reliance

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 865. Trade short below 850 for a target of 810.