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

Bank Nifty Intraday levels and trading tips
 

Today, 13200 is crucial for Intraday.

If Bank Nifty sustains below 13200 then it could test 12950, and below that level it could test 12750.
Instead, if Bank Nifty trades above 13200, then it could test 13300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 May 2013

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 855. Trade short below 840 for a target of 815.