Technical View of Cnx IT & Bank Nifty, 20 January 2014

Bank Nifty Intraday levels and trading tips

Today, 11020 is crucial for Intraday.

If Bank Nifty sustains below 11020 then it could test 10900, and below that level it could test 10840.
Instead, if Bank Nifty trades above 11020, then it could test 11100.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 January 2014

Reliance

Today, 895 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 910. Trade short below 895 for a target of 870.