Technical View and Trading Levels of Cnx IT & Bank Nifty, 8 April

Bank Nifty Intraday levels and range 

Today, 9730 is crucial for Intraday.

If Bank Nifty sustains below 9730, then it could test 9670.
Instead, if Bank Nifty trades above 9730, then it could test 9800.

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-8 April

Reliance

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

The level 1140 is crucial for short term. Positional Traders, trade long above 1140, for a target of 1170. Trade short below 1140 for a target of 1040.