Monday, November 25, 2013

Technical View of Cnx IT & Bank Nifty, 25 November 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10750 is crucial for Intraday.
If Bank Nifty sustains below 10750 then it could test 10650, and below that level it could test 10500.
Instead, if Bank Nifty trades above 10750, then it could test 10850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 25 November 2013

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 855. Trade short below 850 for a target of 825.