Monday, September 02, 2013

Technical View of Cnx IT & Bank Nifty, 2 September 2013

Bank Nifty Intraday levels and trading tips
 
Today, 9150 is crucial for Intraday.
If Bank Nifty sustains below 9150 then it could test 8900, and below that level it could test 8800.
Instead, if Bank Nifty trades above 9150, then it could test 9350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 September 2013

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 870. Trade short below 860 for a target of 815.