Technical View of Cnx IT & Bank Nifty, 20 August 2013

Bank Nifty Intraday levels and trading tips
 

Today, 9100 is crucial for Intraday.

If Bank Nifty sustains below 9100 then it could test 8950, and below that level it could test 8800.
Instead, if Bank Nifty trades above 9100, then it could test 9250.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 August 2013

Reliance

Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 850. Trade short below 830 for a target of 780.