Wednesday, December 11, 2013

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

Bank Nifty Intraday levels and trading tips
 
Today, 11820 is crucial for Intraday.
If Bank Nifty sustains below 11820 then it could test 11770, and below that level it could test 11450.
Instead, if Bank Nifty trades above 11820, then it could test 11900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 December 2013

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 900. Trade short below 890 for a target of 850.