Friday, October 11, 2013

Technical View of Cnx IT & Bank Nifty, 11 October 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10450 is crucial for Intraday.
If Bank Nifty sustains below 10450 then it could test 9900, and below that level it could test 9700.
Instead, if Bank Nifty trades above 10450, then it could test 10650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 October 2013

Reliance

Today, 870 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 900. Trade short below 870 for a target of 820.