Monday, August 19, 2013

Technical View of Cnx IT & Bank Nifty, 19 August 2013

Bank Nifty Intraday levels and trading tips
 
Today, 9275 is crucial for Intraday.
If Bank Nifty sustains below 9275 then it could test 9100, and below that level it could test 8950.
Instead, if Bank Nifty trades above 9275, then it could test 9400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 August 2013

Reliance

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 850. Trade short below 835 for a target of 780.