Technical View of Cnx IT & Bank Nifty, 31 January 2014

Bank Nifty Intraday levels and trading tips

Today, 10320 is crucial for Intraday.

If Bank Nifty sustains below 10320 then it could test 10150, and below that level it could test 10100.
Instead, if Bank Nifty trades above 10320, then it could test 10500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 31 January 2014

Reliance

Today, 820 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 860. Trade short below 820 for a target of 800.