Technical View of Cnx IT & Bank Nifty, 13 August 2015

Bank Nifty Intraday levels and trading tips

Today, 18390 is crucial for Intraday.

If Bank Nifty sustains below 18390 then it could test 18270 and below that level it could test 18210.

Instead, if Bank Nifty trades above 18390 then it could test 18550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 August 2015

Reliance

Today, 955 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 955 is crucial for short term. Positional Traders, trade long above 955 for a target of 1000. Trade short below 955 for a target of 940.