Technical View of Cnx IT & Bank Nifty, 12 March 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12250 is crucial for Intraday.

If Bank Nifty sustains below 12250 then it could test 12150, and below that level it could test 12000.
Instead, if Bank Nifty trades above 12250, then it could test 12350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 March 2013

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 875. Trade short below 860 for a target of 830.