Thursday, July 18, 2013

Technical View of Cnx IT & Bank Nifty, 18 July 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11050 is crucial for Intraday.
If Bank Nifty sustains below 11050 then it could test 10900, and below that level it could test 10800.
Instead, if Bank Nifty trades above 11050, then it could test 11210.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 July 2013

Reliance

Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 935. Trade short below 915 for a target of 885.