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

Bank Nifty Intraday levels and trading tips

Today, 17580 is crucial for Intraday.

If Bank Nifty sustains below 17580 then it could test 17300 and below that level it could test 17000.

Instead, if Bank Nifty trades above 17580 then it could test 17750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 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 920. Trade short below 905 for a target of 840.