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

Bank Nifty Intraday levels and trading tips

Today, 17650 is crucial for Intraday.

If Bank Nifty sustains below 17650 then it could test 17500 and below that level it could test 17300.

Instead, if Bank Nifty trades above 17650, then it could test 17950.

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

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 900. Trade short below 860 for a target of 850.