Technical View of Cnx IT & Bank Nifty, 29 September 2015

Bank Nifty Intraday levels and trading tips

Today, 16950 is crucial for Intraday.

If Bank Nifty sustains below 16950 then it could test 16750 and below that level it could test 16400.

Instead, if Bank Nifty trades above 16950 then it could test 17400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 29 September 2015

Reliance

Today, 830 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 850. Trade short below 830 for a target of 790.