Technical View of Cnx IT & Bank Nifty, 1 January 2014

Bank Nifty Intraday levels and trading tips
 

Today, 11450 is crucial for Intraday.

If Bank Nifty sustains below 11450 then it could test 11350, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11450, then it could test 11550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 1 January 2014

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 905. Trade short below 890 for a target of 875.