Technical View of Cnx IT & Bank Nifty, 8 October 2013

Bank Nifty Intraday levels and trading tips
 

Today, 10350 is crucial for Intraday.

If Bank Nifty sustains below 10350 then it could test 10100, and below that level it could test 9950.
Instead, if Bank Nifty trades above 10350, then it could test 10450.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 8 October 2013

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 865. Trade short below 850 for a target of 820.