Technical View of Cnx IT & Bank Nifty, 28 January 2013

Bank Nifty Intraday levels and trading tips

Today, 12775 is crucial for Intraday.

If Bank Nifty sustains below 12775 then it could test 12500, and below that level it could test 12400.
Instead, if Bank Nifty trades above 12775, then it could test 12900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 January 2013

Reliance

Today, 920 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 935. Trade short below 920 for a target of 900.