Thursday, February 12, 2015

Technical View of Cnx IT & Bank Nifty, 12 February 2015

Bank Nifty Intraday levels and trading tips
Today, 19100 is crucial for Intraday.
If Bank Nifty sustains below 19100 then it could test 18800 and below that level it could test 18600.
Instead, if Bank Nifty trades above 19100 then it could test 19500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 February 2015

Reliance


Today, 915 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 930. Trade short below 915 for a target of 895.