Technical View and Trading calls of Cnx IT & Bank Nifty, 6 November 2012

Bank Nifty Intraday levels and trading tips

Today, 11490 is crucial for Intraday.

If Bank Nifty sustains below 11490, then it could test 11390, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11490, then it could test 11550.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 November 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 830. Trade short below 815 for a target of 780.