Monday, November 11, 2013

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

Bank Nifty Intraday levels and trading tips
 
Today, 10950 is crucial for Intraday.
If Bank Nifty sustains below 10950 then it could test 10750, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10950, then it could test 11050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 November 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 855.