Wednesday, July 24, 2013

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

Bank Nifty Intraday levels and trading tips
 
Today, 10900 is crucial for Intraday.
If Bank Nifty sustains below 10900 then it could test 10820, and below that level it could test 10700.
Instead, if Bank Nifty trades above 10900, then it could test 1100.

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

Reliance

Today, 917 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 917 is crucial for short term. Positional Traders, trade long above 917for a target of 930. Trade short below 917 for a target of 885.