Technical View of Cnx IT & Bank Nifty, 31 May 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12750 is crucial for Intraday.

If Bank Nifty sustains below 12750 then it could test 12600, and below that level it could test 12450.
Instead, if Bank Nifty trades above 12750, then it could test 12800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 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 850. Trade short below 840 for a target of 800.