Friday, December 27, 2013

Technical View of Cnx IT & Bank Nifty, 27 December 2013

Bank Nifty Intraday levels and trading tips
 
Today, 11400 is crucial for Intraday.
If Bank Nifty sustains below 11400 then it could test 11330, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11400, then it could test 11600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 27 December 2013

Reliance

Today, 895 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 910. Trade short below 895 for a target of 875.