Technical View of Cnx IT & Bank Nifty, 26 August 2015

Bank Nifty Intraday levels and trading tips

Today, 17300 is crucial for Intraday.

If Bank Nifty sustains below 17300 then it could test 17000 and below that level it could test 16700.

Instead, if Bank Nifty trades above 17300 then it could test 17400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 August 2015

Reliance

Today, 865 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 880. Trade short below 865 for a target of 810.