Technical View of Cnx IT & Bank Nifty, 7 March 2014

Bank Nifty Intraday levels and trading tips

Today, 11200 is crucial for Intraday.

If Bank Nifty sustains below 11200 then it could test 11100, and below that level it could test 11000.
Instead, if Bank Nifty trades above 11200, then it could test 11400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 7 March 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 865. Trade short below 825 for a target of 815.