Technical View of Cnx IT & Bank Nifty, 22 February 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12170 is crucial for Intraday.

If Bank Nifty sustains below 12170 then it could test 12050, and below that level it could test 11900.
Instead, if Bank Nifty trades above 12170, then it could test 12270.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 February 2013

Reliance

Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 880. Trade short below 865 for a target of 830.