Technical View of Cnx IT & Bank Nifty, 11 March 2014

Bank Nifty Intraday levels and trading tips

Today, 12300 is crucial for Intraday.

If Bank Nifty sustains below 12300 then it could test 12100, and below that level it could test 11800.
Instead, if Bank Nifty trades above 12300, then it could test 12400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 March 2014

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 900. Trade short below 875 for a target of 850.