Technical View of Cnx IT & Bank Nifty, 18 February 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12400 is crucial for Intraday.

If Bank Nifty sustains below 12400 then it could test 12180, and below that level it could test 12050.
Instead, if Bank Nifty trades above 12400, then it could test 12520.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 February 2013

Reliance

Today, 855 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 870. Trade short below 855 for a target of 815.