Monday, November 26, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 26 November 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 11250.
Instead, if Bank Nifty trades above 11510, then it could test 11560.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 November 2012

Reliance

Today, 760 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 760 is crucial for short term. Positional Traders, trade long above 760 for a target of 790. Trade short below 760 for a target of 730.