Technical View of Cnx IT & Bank Nifty, 16 December 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11350 is crucial for Intraday.

If Bank Nifty sustains below 11350 then it could test 11300, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11350, then it could test 11650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 December 2013

Reliance

Today, 870 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 885. Trade short below 870 for a target of 850.