Wednesday, November 27, 2013

Technical View of Cnx IT & Bank Nifty, 27 November 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10930 is crucial for Intraday.
If Bank Nifty sustains below 10930 then it could test 10780, and below that level it could test 10600.
Instead, if Bank Nifty trades above 10930, then it could test 11000.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 27 November 2013

Reliance

Today, 845 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845 for a target of 855. Trade short below 845 for a target of 800.