Technical View of Cnx IT & Bank Nifty, 22 August 2013

Bank Nifty Intraday levels and trading tips
 

Today, 9370 is crucial for Intraday.

If Bank Nifty sustains below 9370 then it could test 9270, and below that level it could test 9050.
Instead, if Bank Nifty trades above 9370, then it could test 9500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 August 2013

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 805. Trade short below 795 for a target of 770.