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

Bank Nifty Intraday levels and trading tips

Today, 11450 is crucial for Intraday.

If Bank Nifty sustains below 11450, then it could test 11280, and below that level it could test 11150.
Instead, if Bank Nifty trades above 11450, then it could test 11500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 October 2012

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 840. Trade short below 820 for a target of 780.