Wednesday, November 19, 2014

Technical View of Cnx IT & Bank Nifty, 19 November 2014

Bank Nifty Intraday levels and trading tips
Today, 17750 is crucial for Intraday.
If Bank Nifty sustains below 17750 then it could test 17570 and below that level it could test 17500.
Instead, if Bank Nifty trades above 17750, then it could test 17900.



Short term Technical View of Bank Nifty




The level 16000 is crucial for Bank Nifty in the short term. As long as it trades above that level, a rally towards 16400 level is likely. Instead, if it could not sustain above 16000, then it could test 14000.








Cnx IT Intraday levels and trading tips
Today, 11650 is the crucial intraday level.
If Cnx IT sustains above 11650, then it could test 11750.
Instead, if Cnx IT trades below 11650 then it could test 11470 and below that level it could test 11400.


Short term Technical View of Cnx IT

The level 10500 is crucial for Cnx IT is the short term. If it fails to move above this level, then it is likely to see a short term correction towards 6500 level. Instead, if it trades above 10500, then it could test 13000.



No comments:

Post a Comment

Post your comments