Friday, June 28, 2013

Technical View of Cnx IT & Bank Nifty, 28 June 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11350 is crucial for Intraday.
If Bank Nifty sustains below 11350 then it could test 11250, and below that level it could test 11100.
Instead, if Bank Nifty trades above 11350, then it could test 11550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 June 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 870. Trade short below 840 for a target of 775.