Technical View of Cnx IT & Bank Nifty, 2 August 2013

Bank Nifty Intraday levels and trading tips
 

Today, 10250 is crucial for Intraday.

If Bank Nifty sustains below 10250 then it could test 9990, and below that level it could test 9800.
Instead, if Bank Nifty trades above 10250, then it could test 10550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 August 2013

Reliance

Today, 843 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 843 is crucial for short term. Positional Traders, trade long above 843 for a target of 870. Trade short below 843 for a target of 835.