Technical View and Trading Levels of Cnx IT & Bank Nifty, 31 May

Bank Nifty Intraday levels and range 

Today, 9400 is crucial for Intraday.

If Bank Nifty sustains below 9400, then it could test 9100.
Instead, if Bank Nifty trades above 9400, then it could test 9550.

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 May

Reliance

Today, 1045 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1015 is crucial for short term. Positional Traders, trade long above 1015, for a target of 1045. Trade short below 1015 for a target of 960.