Technical View of Cnx IT & Bank Nifty, 17 April 2015

Bank Nifty Intraday levels and trading tips

Today, 18750 is crucial for Intraday.

If Bank Nifty sustains below 18750 then it could test 18550 and below that level it could test 18400.

Instead, if Bank Nifty trades above 18750 then it could test 18950.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 April 2015

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 950. Trade short below 940 for a target of 910.