Technical View and Trading calls of Cnx IT & Bank Nifty, 3 October 2012

Bank Nifty Intraday levels and trading tips

Today, 11480 is crucial for Intraday.

If Bank Nifty sustains below 11480, then it could test 11300, and below that level it could test 11100.
Instead, if Bank Nifty trades above 11480, then it could test 11550.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 October 2012

Reliance

Today, 845 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845 for a target of 865. Trade short below 845 for a target of 810.