Technical View of Cnx IT & Bank Nifty, 5 November 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11650 is crucial for Intraday.

If Bank Nifty sustains below 11650 then it could test 11400, and below that level it could test 11200.
Instead, if Bank Nifty trades above 11650, then it could test 11735.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 5 November 2013

Reliance

Today, 915 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 930. Trade short below 915 for a target of 865.