Friday, July 10, 2015

Technical View of Cnx IT & Bank Nifty, 10 July 2015

Bank Nifty Intraday levels and trading tips
Today, 18400 is crucial for Intraday.
If Bank Nifty sustains below 18400 then it could test 18300 and below that level it could test 18200.
Instead, if Bank Nifty trades above 18400 then it could test 18800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 July 2015

Reliance


Today, 980 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 1020. Trade short below 980 for a target of 970.