Technical View of Cnx IT & Bank Nifty, 6 August 2013

Bank Nifty Intraday levels and trading tips
 

Today, 10150 is crucial for Intraday.

If Bank Nifty sustains below 10150 then it could test 9950, and below that level it could test 9700.
Instead, if Bank Nifty trades above 10150, then it could test 10250.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 August 2013

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 880. Trade short below 870 for a target of 845.