Thursday, October 25, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 25 October 2012

Bank Nifty Intraday levels and trading tips
Today, 11510 is crucial for Intraday.
If Bank Nifty sustains below 11510, then it could test 11440, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11510, then it could test 11590.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 October 2012

Reliance

Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 840. Trade short below 815 for a target of 760.