Technical View and Trading Levels of Cnx IT & Bank Nifty, 13 May

Bank Nifty Intraday levels and range 

Today, 9750 is crucial for Intraday.

If Bank Nifty sustains below 9750, then it could test 9600.
Instead, if Bank Nifty trades above 9750, then it could test 9850.

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 May

Reliance

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1100 is crucial for short term. Positional Traders, trade long above 1100, for a target of 1140. Trade short below 1100 for a target of 1060.