Technical View of Cnx IT & Bank Nifty, 02 September 2015

Bank Nifty Intraday levels and trading tips

Today, 16600 is crucial for Intraday.

If Bank Nifty sustains below 16600 then it could test 16400 and below that level it could test 16300.

Instead, if Bank Nifty trades above 16600 then it could test 16750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 02 September 2015

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 860. Trade short below 870 for a target of 820.