Technical View of Cnx IT & Bank Nifty, 10 December 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12050 is crucial for Intraday.

If Bank Nifty sustains below 12050 then it could test 11700, and below that level it could test 11600.
Instead, if Bank Nifty trades above 12050, then it could test 12000.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 December 2013

Reliance

Today, 885 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 885 is crucial for short term. Positional Traders, trade long above 885 for a target of 895. Trade short below 885 for a target of 850.