Technical View of Cnx IT & Bank Nifty, 18 March 2014

Bank Nifty Intraday levels and trading tips

Today, 12100 is crucial for Intraday.

If Bank Nifty sustains below 12100 then it could test 11950, and below that level it could test 11850.
Instead, if Bank Nifty trades above 12100, then it could test 12300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 March 2014

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 905. Trade short below 890 for a target of 860.