Tuesday, December 03, 2013

Technical View of Cnx IT & Bank Nifty, 3 December 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11300 is crucial for Intraday.
If Bank Nifty sustains below 11300 then it could test 11180, and below that level it could test 11050.
Instead, if Bank Nifty trades above 11300, then it could test 11350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 3 December 2013

Reliance

Today, 855 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 870. Trade short below 855 for a target of 820.