Monday, June 24, 2013

Technical View of Cnx IT & Bank Nifty, 24 June 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11380 is crucial for Intraday.
If Bank Nifty sustains below 11380 then it could test 11250, and below that level it could test 11150.
Instead, if Bank Nifty trades above 11380, then it could test 11500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 June 2013

Reliance

Today, 798 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 798 is crucial for short term. Positional Traders, trade long above 798 for a target of 808. Trade short below 798 for a target of 770.