Technical View of Cnx IT & Bank Nifty, 20 December 2013

Bank Nifty Intraday levels and trading tips
 

Today, 11200 is crucial for Intraday.

If Bank Nifty sustains below 11200 then it could test 11050, and below that level it could test 10980.
Instead, if Bank Nifty trades above 11200, then it could test 11400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 December 2013

Reliance

Today, 865 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 870. Trade short below 865 for a target of 850.