Technical View of Cnx IT & Bank Nifty, 12 July 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11750 is crucial for Intraday.

If Bank Nifty sustains below 11750 then it could test 11550, and below that level it could test 11350.
Instead, if Bank Nifty trades above 11750, then it could test 11850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 July 2013

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 885. Trade short below 875 for a target of 835.