Technical View of Cnx IT & Bank Nifty, 17 September 2014

Bank Nifty Intraday levels and trading tips

Today, 15770 is crucial for Intraday.

If Bank Nifty sustains below 15770 then it could test 15670 and below that level it could test 15500.
Instead, if Bank Nifty trades above 15770, then it could test 16050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 September 2014

Reliance

Today, 970 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 1015. Trade short below 970 for a target of 960.