Technical View of Cnx IT & Bank Nifty, 17 October 2013

Bank Nifty Intraday levels and trading tips
 

Today, 10400 is crucial for Intraday.

If Bank Nifty sustains below 10400 then it could test 10200, and below that level it could test 10100.
Instead, if Bank Nifty trades above 10400, then it could test 10500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 October 2013

Reliance

Today, 875 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 890. Trade short below 875 for a target of 835.