Technical View of Cnx IT & Bank Nifty, 23 April 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12650 is crucial for Intraday.

If Bank Nifty sustains below 12650 then it could test 12420, and below that level it could test 12280.
Instead, if Bank Nifty trades above 12650, then it could test 12730.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 April 2013

Reliance

Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 795. Trade short below 785 for a target of 755.