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

Bank Nifty Intraday levels and trading tips

Today, 12200 is crucial for Intraday.

If Bank Nifty sustains below 12200, then it could test 12100, and below that level it could test 12050.
Instead, if Bank Nifty trades above 12200, then it could test 12300.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 December 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 835. Trade short below 820 for a target of 790.