Thursday, September 25, 2014

Technical View of Cnx IT & Bank Nifty, 25 September 2014

Bank Nifty Intraday levels and trading tips
Today, 15650 is crucial for Intraday.
If Bank Nifty sustains below 15650 then it could test 15500 and below that level it could test 15300.
Instead, if Bank Nifty trades above 15650, then it could test 15800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 25 September 2014

Reliance

Today, 960 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 975. Trade short below 960 for a target of 935.