Technical View of Cnx IT & Bank Nifty, 16 February 2015

Bank Nifty Intraday levels and trading tips

Today, 19550 is crucial for Intraday.

If Bank Nifty sustains below 19550 then it could test 19450 and below that level it could test 19300.

Instead, if Bank Nifty trades above 19550 then it could test 19950.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 February 2015

Reliance

Today, 925 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 925 is crucial for short term. Positional Traders, trade long above 925 for a target of 950. Trade short below 925 for a target of 910.