Technical View of Cnx IT & Bank Nifty, 3 May 2013

Bank Nifty Intraday levels and trading tips
 

Today, 12750 is crucial for Intraday.

If Bank Nifty sustains below 12750 then it could test 12600, and below that level it could test 12300.
Instead, if Bank Nifty trades above 12750, then it could test 12850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 May 2013

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 825. Trade short below 810 for a target of 760.