Monday, April 01, 2013

Technical View of Cnx IT & Bank Nifty, 01 April 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11420 is crucial for Intraday.
If Bank Nifty sustains below 11420 then it could test 11300, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11420, then it could test 11520.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 01 April 2013

Reliance

Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 800. Trade short below 785 for a target of 750.