Technical View of Cnx IT & Bank Nifty, 30 January 2015

Bank Nifty Intraday levels and trading tips

Today, 20600 is crucial for Intraday.

If Bank Nifty sustains below 20600 then it could test 20350 and below that level it could test 20250.

Instead, if Bank Nifty trades above 20600 then it could test 20800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 January 2015

Reliance

Today, 935 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 955. Trade short below 935 for a target of 910.