Technical View of Cnx IT & Bank Nifty, 19 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 19200 and below that level it could test 19100.

Instead, if Bank Nifty trades above 19550 then it could test 19850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 February 2015

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 925. Trade short below 890 for a target of 880.