Technical View of Cnx IT & Bank Nifty, 01 June 2015

Bank Nifty Intraday levels and trading tips

Today, 18800 is crucial for Intraday.

If Bank Nifty sustains below 18800 then it could test 18700 and below that level it could test 18500.

Instead, if Bank Nifty trades above 18800 then it could test 19050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 01 June 2015

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 910. Trade short below 875 for a target of 870.