Technical View of Cnx IT & Bank Nifty, 22 April 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12350 is crucial for Intraday.

If Bank Nifty sustains below 12350 then it could test 12250, and below that level it could test 12100.
Instead, if Bank Nifty trades above 12350, then it could test 12450.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 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 795. Trade short below 785 for a target of 755.