Technical View of Cnx IT & Bank Nifty, 1 July 2014

Bank Nifty Intraday levels and trading tips

Today, 15350 is crucial for Intraday.

If Bank Nifty sustains below 15350 then it could test 15150 and below that level it could test 15000.
Instead, if Bank Nifty trades above 15350, then it could test 15450.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 1 July 2014

Reliance

Today, 1025 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025 for a target of 1050. Trade short below 1025 for a target of 990.