Technical View of Cnx IT & Bank Nifty, 7 November 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11200 is crucial for Intraday.

If Bank Nifty sustains below 11200 then it could test 11130, and below that level it could test 11000.
Instead, if Bank Nifty trades above 11200, then it could test 11350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 7 November 2013

Reliance

Today, 905 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 905 is crucial for short term. Positional Traders, trade long above 905 for a target of 930. Trade short below 905 for a target of 865.