Technical View of Cnx IT & Bank Nifty, 17 August 2015

Bank Nifty Intraday levels and trading tips

Today, 18900 is crucial for Intraday.

If Bank Nifty sustains below 18900 then it could test 181700 and below that level it could test 18600.

Instead, if Bank Nifty trades above 18900 then it could test 19050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 August 2015

Reliance

Today, 965 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 955 for a target of 1000. Trade short below 955 for a target of 945.