Technical View of Cnx IT & Bank Nifty, 05 April 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11100 is crucial for Intraday.

If Bank Nifty sustains below 11100 then it could test 11050, and below that level it could test 10930.
Instead, if Bank Nifty trades above 11100, then it could test 11300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 05 April 2013

Reliance

Today, 770 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 770 is crucial for short term. Positional Traders, trade long above 770 for a target of 785. Trade short below 770 for a target of 745.