Technical View of Cnx IT & Bank Nifty, 4 March 2014

Bank Nifty Intraday levels and trading tips

Today, 10600 is crucial for Intraday.

If Bank Nifty sustains below 10600 then it could test 10550, and below that level it could test 10500.
Instead, if Bank Nifty trades above 10600, then it could test 10750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 4 March 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 830. Trade short below 805 for a target of 790.