Technical View of Cnx IT & Bank Nifty, 10 June 2014

Bank Nifty Intraday levels and trading tips

Today, 15750 is crucial for Intraday.

If Bank Nifty sustains below 15750 then it could test 15400 and below that level it could test 15100.
Instead, if Bank Nifty trades above 15750, then it could test 15900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 June 2014

Reliance

Today, 1140 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1140 is crucial for short term. Positional Traders, trade long above 1140 for a target of 1160. Trade short below 1140 for a target of 1100.