Technical View of Cnx IT & Bank Nifty, 4 September 2013

Bank Nifty Intraday levels and trading tips
 

Today, 8750 is crucial for Intraday.

If Bank Nifty sustains below 8750 then it could test 8500, and below that level it could test 8420.
Instead, if Bank Nifty trades above 8750, then it could test 8850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 4 September 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 845. Trade short below 830 for a target of 805.