Technical View of Cnx IT & Bank Nifty, 23 January 2013

Bank Nifty Intraday levels and trading tips

Today, 12625 is crucial for Intraday.

If Bank Nifty sustains below 12625 then it could test 12500, and below that level it could test 12400.
Instead, if Bank Nifty trades above 12625, then it could test 12750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 January 2013

Reliance

Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930 for a target of 930. Trade short below 930 for a target of 900.