Technical View of Cnx IT & Bank Nifty, 5 March 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11600 is crucial for Intraday.

If Bank Nifty sustains below 11600 then it could test 11350, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11600, then it could test 11660.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 March 2013

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.