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

Bank Nifty Intraday levels and trading tips

Today, 18570 is crucial for Intraday.

If Bank Nifty sustains below 18570 then it could test 18500 and below that level it could test 18450.

Instead, if Bank Nifty trades above 18570 then it could test 18800.

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

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 1000. Trade short below 940 for a target of 945.