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

Bank Nifty Intraday levels and trading tips

Today, 15450 is crucial for Intraday.

If Bank Nifty sustains below 15450 then it could test 15300 and below that level it could test 15100.
Instead, if Bank Nifty trades above 15450, then it could test 15700.

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

Reliance

Today, 970 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 980. Trade short below 970 for a target of 920.