Wednesday, November 13, 2013

Technical View of Cnx IT & Bank Nifty, 13 November 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10600 is crucial for Intraday.
If Bank Nifty sustains below 10600 then it could test 10450, and below that level it could test 10270.
Instead, if Bank Nifty trades above 10600, then it could test 10700.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 November 2013

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 860. Trade short below 850 for a target of 815.