Monday, July 22, 2013

Technical View of Cnx IT & Bank Nifty, 22 July 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11100 is crucial for Intraday.
If Bank Nifty sustains below 11100 then it could test 10900, and below that level it could test 10800.
Instead, if Bank Nifty trades above 11100, then it could test 11250.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 July 2013

Reliance

Today, 910 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 925. Trade short below 910 for a target of 885.