Technical View of Cnx IT & Bank Nifty, 3 October 2013

Bank Nifty Intraday levels and trading tips
 

Today, 9940 is crucial for Intraday.

If Bank Nifty sustains below 9940 then it could test 9800, and below that level it could test 9700.
Instead, if Bank Nifty trades above 9940, then it could test 10050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 3 October 2013

Reliance

Today, 817 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 817 is crucial for short term. Positional Traders, trade long above 817 for a target of 830. Trade short below 817 for a target of 790.