Technical View of Cnx IT & Bank Nifty, 3 March 2014

Bank Nifty Intraday levels and trading tips

Today, 10800 is crucial for Intraday.

If Bank Nifty sustains below 10800 then it could test 10700, and below that level it could test 10600.
Instead, if Bank Nifty trades above 10800, then it could test 11100.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 3 March 2014

Reliance

Today, 805 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 805 is crucial for short term. Positional Traders, trade long above 805 for a target of 830. Trade short below 805 for a target of 790.