Thursday, September 19, 2013

Technical View of Cnx IT & Bank Nifty, 19 September 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10550 is crucial for Intraday.
If Bank Nifty sustains below 10550 then it could test 10350, and below that level it could test 10250.
Instead, if Bank Nifty trades above 10550, then it could test 10650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 September 2013

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 895. Trade short below 875 for a target of 840.