Technical View of Cnx IT & Bank Nifty, 21 February 2014

Bank Nifty Intraday levels and trading tips

Today, 10500 is crucial for Intraday.

If Bank Nifty sustains below 10500 then it could test 10400, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10500, then it could test 10650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 February 2014

Reliance

Today, 805 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 805 is crucial for short term. Positional Traders, trade long above 805 for a target of 825. Trade short below 805 for a target of 790.