Technical View of Cnx IT & Bank Nifty, 04 September 2015

Bank Nifty Intraday levels and trading tips

Today, 16300 is crucial for Intraday.

If Bank Nifty sustains below 16300 then it could test 16200 and below that level it could test 16000.

Instead, if Bank Nifty trades above 16300 then it could test 16500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 September 2015

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 875. Trade short below 860 for a target of 820.