Technical View of Cnx IT & Bank Nifty, 18 April 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12000 is crucial for Intraday.

If Bank Nifty sustains below 12000 then it could test 11850, and below that level it could test 11750.
Instead, if Bank Nifty trades above 12000, then it could test 12050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 April 2013

Reliance

Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 795. Trade short below 780 for a target of 755.