Technical View of Cnx IT & Bank Nifty, 30 May 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12880 is crucial for Intraday.

If Bank Nifty sustains below 12880 then it could test 12700, and below that level it could test 12600.
Instead, if Bank Nifty trades above 12880, then it could test 12950.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 May 2013

Reliance

Today, 855 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 880. Trade short below 855 for a target of 825.