Technical View of Cnx IT & Bank Nifty, 25 May 2015

Bank Nifty Intraday levels and trading tips

Today, 18550 is crucial for Intraday.

If Bank Nifty sustains below 18550 then it could test 18300 and below that level it could test 18200.

Instead, if Bank Nifty trades above 18550 then it could test 18750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 25 May 2015

Reliance

Today, 895 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 940. Trade short below 895 for a target of 880.