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

Bank Nifty Intraday levels and trading tips

Today, 18950 is crucial for Intraday.

If Bank Nifty sustains below 18950 then it could test 18830 and below that level it could test 19750.

Instead, if Bank Nifty trades above 18950 then it could test 19100.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 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 1065. Trade short below 1030 for a target of 1020.