Friday, July 26, 2013

Technical View of Cnx IT & Bank Nifty, 26 July 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10650 is crucial for Intraday.
If Bank Nifty sustains below 10650 then it could test 10500, and below that level it could test 10450.
Instead, if Bank Nifty trades above 10650, then it could test 10750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 July 2013

Reliance

Today, 885 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 885 is crucial for short term. Positional Traders, trade long above 885 for a target of 900. Trade short below 885 for a target of 860.