Technical View of Cnx IT & Bank Nifty, 20 February 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12435 is crucial for Intraday.

If Bank Nifty sustains below 12435 then it could test 12350, and below that level it could test 12250.
Instead, if Bank Nifty trades above 12435, then it could test 12500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 February 2013

Reliance

Today, 855 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 870. Trade short below 855 for a target of 815.