Technical View of Cnx IT & Bank Nifty, 21 March 2014

Bank Nifty Intraday levels and trading tips

Today, 12000 is crucial for Intraday.

If Bank Nifty sustains below 12000 then it could test 11900, and below that level it could test 11750.
Instead, if Bank Nifty trades above 12000, then it could test 12200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 March 2014

Reliance

Today, 910 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 940. Trade short below 910 for a target of 890.