Monday, October 15, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 15 October 2012

Bank Nifty Intraday levels and trading tips
Today, 11370 is crucial for Intraday.
If Bank Nifty sustains below 11370, then it could test 11250, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11370, then it could test 11100.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 October 2012

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 845. Trade short below 825 for a target of 780.