Thursday, September 10, 2015

Technical View of Cnx IT & Bank Nifty, 10 September 2015

Bank Nifty Intraday levels and trading tips
Today, 16700 is crucial for Intraday.
If Bank Nifty sustains below 16700 then it could test 16300 and below that level it could test 15900.
Instead, if Bank Nifty trades above 16700 then it could test 16850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 September 2015

Reliance


Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 900. Trade short below 880 for a target of 820.