Technical View of Cnx IT & Bank Nifty, 8 November 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11000 is crucial for Intraday.

If Bank Nifty sustains below 11000 then it could test 10900, and below that level it could test 10650.
Instead, if Bank Nifty trades above 11000, then it could test 11150.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 8 November 2013

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 900. Trade short below 890 for a target of 865.