Technical View and Trading calls of Cnx IT & Bank Nifty, 3 December 2012

Bank Nifty Intraday levels and trading tips

Today, 12175 is crucial for Intraday.

If Bank Nifty sustains below 12175, then it could test 12070, and below that level it could test 11950.
Instead, if Bank Nifty trades above 12175, then it could test 12225.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 December 2012

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 805. Trade short below 790 for a target of 760.