Technical View of Cnx IT & Bank Nifty, 24 June 2015

Bank Nifty Intraday levels and trading tips

Today, 18500 is crucial for Intraday.

If Bank Nifty sustains below 18500 then it could test 18300 and below that level it could test 18150.

Instead, if Bank Nifty trades above 18500 then it could test 18600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 June 2015

Reliance

Today, 985 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 985 is crucial for short term. Positional Traders, trade long above 985 for a target of 1030. Trade short below 985 for a target of 960.