Technical View of Cnx IT & Bank Nifty, 26 August 2013

Bank Nifty Intraday levels and trading tips
 

Today, 9500 is crucial for Intraday.

If Bank Nifty sustains below 9500 then it could test 9300, and below that level it could test 9100.
Instead, if Bank Nifty trades above 9500, then it could test 9550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 August 2013

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 840. Trade short below 825 for a target of 770.