Technical View of Cnx IT & Bank Nifty, 18 February 2014

Bank Nifty Intraday levels and trading tips

Today, 10400 is crucial for Intraday.

If Bank Nifty sustains below 10400 then it could test 10300, and below that level it could test 10200.
Instead, if Bank Nifty trades above 10400, then it could test 10600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 February 2014

Reliance

Today, 825 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 845. Trade short below 825 for a target of 805.