Technical View of Cnx IT & Bank Nifty, 7 March 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12150 is crucial for Intraday.

If Bank Nifty sustains below 12150 then it could test 12000, and below that level it could test 11950.
Instead, if Bank Nifty trades above 12150, then it could test 12200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 March 2013

Reliance

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 850. Trade short below 835 for a target of 790.