Technical View of Cnx IT & Bank Nifty, 13 January 2015

Bank Nifty Intraday levels and trading tips

Today, 18900 is crucial for Intraday.

If Bank Nifty sustains below 18900 then it could test 18800 and below that level it could test 18700.

Instead, if Bank Nifty trades above 18900 then it could test 19000.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 January 2015

Reliance

Today, 840 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 875. Trade short below 840 for a target of 835.