Wednesday, June 26, 2013

Technical View of Cnx IT & Bank Nifty, 26 June 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11270 is crucial for Intraday.
If Bank Nifty sustains below 11270 then it could test 11150, and below that level it could test 11000.
Instead, if Bank Nifty trades above 11270, then it could test 11350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 June 2013

Reliance

Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 830. Trade short below 815 for a target of 770.