Technical View of Cnx IT & Bank Nifty, 02 June 2015

Bank Nifty Intraday levels and trading tips

Today, 18750 is crucial for Intraday.

If Bank Nifty sustains below 18750 then it could test 18580 and below that level it could test 18450.

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

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 02 June 2015

Reliance

Today, 905 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 905 is crucial for short term. Positional Traders, trade long above 905 for a target of 930. Trade short below 905 for a target of 885.