Tuesday, November 19, 2013

Technical View of Cnx IT & Bank Nifty, 19 November 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11150 is crucial for Intraday.
If Bank Nifty sustains below 11150 then it could test 11000, and below that level it could test 10850.
Instead, if Bank Nifty trades above 11150, then it could test 11220.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 November 2013

Reliance

Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 885. Trade short below 880 for a target of 850.