Thursday, September 12, 2013

Technical View of Cnx IT & Bank Nifty, 12 September 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10200 is crucial for Intraday.
If Bank Nifty sustains below 10200 then it could test 10400, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10200, then it could test 10100.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 September 2013

Reliance


Today, 895 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 920. Trade short below 895 for a target of 870.