Technical View of Cnx IT & Bank Nifty, 20 July 2015

Bank Nifty Intraday levels and trading tips

Today, 19050 is crucial for Intraday.

If Bank Nifty sustains below 19050 then it could test 18950 and below that level it could test 19800.

Instead, if Bank Nifty trades above 19050 then it could test 19300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 July 2015

Reliance

Today, 1030 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1040. Trade short below 1030 for a target of 1010.