Technical View of Cnx IT & Bank Nifty, 13 May 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12800 is crucial for Intraday.

If Bank Nifty sustains below 12800 then it could test 12650, and below that level it could test 12450.
Instead, if Bank Nifty trades above 12800, then it could test 12900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 May 2013

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 835. Trade short below 820 for a target of 760.