Wednesday, July 03, 2013

Technical View of Cnx IT & Bank Nifty, 3 July 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11650 is crucial for Intraday.
If Bank Nifty sustains below 11650 then it could test 11550, and below that level it could test 11450.
Instead, if Bank Nifty trades above 11650, then it could test 11750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 July 2013

Reliance

Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 895. Trade short below 880 for a target of 840.