Wednesday, March 13, 2013

Technical View of Cnx IT & Bank Nifty, 13 March 2013

Bank Nifty Intraday levels and trading tips
 
Today, 12070 is crucial for Intraday.
If Bank Nifty sustains below 12070 then it could test 11950, and below that level it could test 11850.
Instead, if Bank Nifty trades above 12070, then it could test 12150.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 March 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 875. Trade short below 855 for a target of 815.