Technical View of Cnx IT & Bank Nifty, 18 June 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12030 is crucial for Intraday.

If Bank Nifty sustains below 12030 then it could test 11850, and below that level it could test 11750.
Instead, if Bank Nifty trades above 12030, then it could test 12150.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 June 2013

Reliance

Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 840. Trade short below 830 for a target of 790.