Friday, December 13, 2013

Technical View of Cnx IT & Bank Nifty, 13 December 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11620 is crucial for Intraday.
If Bank Nifty sustains below 11620 then it could test 11450, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11620, then it could test 11750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 December 2013

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 885. Trade short below 875 for a target of 850.