Technical View of Cnx IT & Bank Nifty, 2 April 2014

Bank Nifty Intraday levels and trading tips

Today, 12700 is crucial for Intraday.

If Bank Nifty sustains below 12700 then it could test 12550, and below that level it could test 12450.
Instead, if Bank Nifty trades above 12700, then it could test 12900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 2 April 2014

Reliance

Today, 945 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 945 is crucial for short term. Positional Traders, trade long above 945 for a target of 970. Trade short below 945 for a target of 920.