Technical View of Cnx IT & Bank Nifty, 16 July 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11770 is crucial for Intraday.

If Bank Nifty sustains below 11770 then it could test 11600, and below that level it could test 11350.
Instead, if Bank Nifty trades above 11770, then it could test 11850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 July 2013

Reliance

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 915. Trade short below 900 for a target of 885.