Tuesday, July 09, 2013

Technical View of Cnx IT & Bank Nifty, 9 July 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11330 is crucial for Intraday.
If Bank Nifty sustains below 11330 then it could test 11200, and below that level it could test 11100.
Instead, if Bank Nifty trades above 11330, then it could test 11450.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 July 2013

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 840.