Thursday, July 10, 2014

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

Bank Nifty Intraday levels and trading tips
Today, 15100 is crucial for Intraday.
If Bank Nifty sustains below 15100 then it could test 14700 and below that level it could test 14300.
Instead, if Bank Nifty trades above 15100, then it could test 15350.

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

Reliance

Today, 1010 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1035. Trade short below 1010 for a target of 960.