Technical View of Cnx IT & Bank Nifty, 22 June 2015

Bank Nifty Intraday levels and trading tips

Today, 18000 is crucial for Intraday.

If Bank Nifty sustains below 18000 then it could test 17700 and below that level it could test 17500.

Instead, if Bank Nifty trades above 18000 then it could test 18200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 June 2015

Reliance

Today, 1010 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1030. Trade short below 1010 for a target of 945.