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

Bank Nifty Intraday levels and trading tips

Today, 12150 is crucial for Intraday.

If Bank Nifty sustains below 12150 then it could test 11900, and below that level it could test 11650.
Instead, if Bank Nifty trades above 12150, then it could test 12250.

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

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 875. Trade short below 860 for a target of 840.