Technical View of Cnx IT & Bank Nifty, 13 June 2014

Bank Nifty Intraday levels and trading tips

Today, 15550 is crucial for Intraday.

If Bank Nifty sustains below 15550 then it could test 15200 and below that level it could test 14900.
Instead, if Bank Nifty trades above 15550, then it could test 15700.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 June 2014

Reliance

Today, 1110 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1110 is crucial for short term. Positional Traders, trade long above 1110 for a target of 1125. Trade short below 1110 for a target of 1065.