Technical View of Cnx IT & Bank Nifty, 6 December 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11700 is crucial for Intraday.

If Bank Nifty sustains below 11700 then it could test 11550, and below that level it could test 11450.
Instead, if Bank Nifty trades above 11700, then it could test 11800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 December 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 890. Trade short below 880 for a target of 850.