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

Bank Nifty Intraday levels and trading tips

Today, 17550 is crucial for Intraday.

If Bank Nifty sustains below 17550 then it could test 17400 and below that level it could test 17200.

Instead, if Bank Nifty trades above 17550, then it could test 17650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 November 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 1020. Trade short below 965 for a target of 960.