Thursday, November 14, 2013

Technical View of Cnx IT & Bank Nifty, 14 November 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10600 is crucial for Intraday.
If Bank Nifty sustains below 10600 then it could test 10400, and below that level it could test 10100.
Instead, if Bank Nifty trades above 10600, then it could test 10750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 14 November 2013

Reliance

Today, 845 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845 for a target of 860. Trade short below 845 for a target of 815.