Technical View of Cnx IT & Bank Nifty, 13 January 2014

Bank Nifty Intraday levels and trading tips

Today, 10970 is crucial for Intraday.

If Bank Nifty sustains below 10970 then it could test 10800, and below that level it could test 10750.
Instead, if Bank Nifty trades above 10970, then it could test 11200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 January 2014

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 880. Trade short below 850 for a target of 840.