Tuesday, October 29, 2013

Technical View of Cnx IT & Bank Nifty, 29 October 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10800 is crucial for Intraday.
If Bank Nifty sustains below 10800 then it could test 10650, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10800, then it could test 10900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 29 October 2013

Reliance

Today, 895 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 910. Trade short below 895 for a target of 865.