Friday, June 26, 2015

Technical View of Cnx IT & Bank Nifty, 26 June 2015

Bank Nifty Intraday levels and trading tips
Today, 18550 is crucial for Intraday.
If Bank Nifty sustains below 18550 then it could test 18300 and below that level it could test 18100.
Instead, if Bank Nifty trades above 18550 then it could test 18750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 June 2015

Reliance


Today, 995 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 1030. Trade short below 995 for a target of 985.