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

Bank Nifty Intraday levels and trading tips

Today, 10650 is crucial for Intraday.

If Bank Nifty sustains below 10650 then it could test 10550, and below that level it could test 10450.
Instead, if Bank Nifty trades above 10650, then it could test 10750.

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

Reliance

Today, 825 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 845. Trade short below 825 for a target of 805.