Technical View of Cnx IT & Bank Nifty, 4 April 2014

Bank Nifty Intraday levels and trading tips

Today, 12650 is crucial for Intraday.

If Bank Nifty sustains below 12650 then it could test 12520, and below that level it could test 12400.
Instead, if Bank Nifty trades above 12650, then it could test 12800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 4 April 2014

Reliance

Today, 965 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 965 for a target of 1000. Trade short below 965 for a target of 920.