Thursday, March 14, 2013

Technical View of Cnx IT & Bank Nifty, 14 March 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11830 is crucial for Intraday.
If Bank Nifty sustains below 11830 then it could test 11700, and below that level it could test 11600.
Instead, if Bank Nifty trades above 11830, then it could test 11900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 March 2013

Reliance


Today, 845 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845 for a target of 860. Trade short below 845 for a target of 815.