Friday, March 15, 2013

Technical View of Cnx IT & Bank Nifty, 15 March 2013

Bank Nifty Intraday levels and trading tips
 
Today, 12060 is crucial for Intraday.
If Bank Nifty sustains below 12060 then it could test 11900, and below that level it could test 11750.
Instead, if Bank Nifty trades above 12060, then it could test 12180.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 March 2013

Reliance


Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 885. Trade short below 865 for a target of 815.