Technical View of Cnx IT & Bank Nifty, 12 November 2013

Bank Nifty Intraday levels and trading tips
 

Today, 10650 is crucial for Intraday.

If Bank Nifty sustains below 10650 then it could test 10550, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10650, then it could test 10850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 November 2013

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 880. Trade short below 860 for a target of 835.