Technical View of Cnx IT & Bank Nifty, 1 August 2013

Bank Nifty Intraday levels and trading tips
 

Today, 10050 is crucial for Intraday.

If Bank Nifty sustains below 10050 then it could test 9900, and below that level it could test 9800.
Instead, if Bank Nifty trades above 10050, then it could test 10250.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 August 2013

Reliance

Today, 885 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 885 is crucial for short term. Positional Traders, trade long above 885 for a target of 895. Trade short below 885 for a target of 855.