Technical View of Cnx IT & Bank Nifty, 6 November 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11550 is crucial for Intraday.

If Bank Nifty sustains below 11550 then it could test 11400, and below that level it could test 11150.
Instead, if Bank Nifty trades above 11550, then it could test 11630.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 November 2013

Reliance

Today, 920 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 930. Trade short below 920 for a target of 865.