Thursday, July 11, 2013

Technical View of Cnx IT & Bank Nifty, 11 July 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11550 is crucial for Intraday.
If Bank Nifty sustains below 11550 then it could test 11450, and below that level it could test 11400.
Instead, if Bank Nifty trades above 11550, then it could test 11650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 July 2013

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 870. Trade short below 860 for a target of 835.