Wednesday, November 04, 2015

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

Bank Nifty Intraday levels and trading tips
Today, 17450 is crucial for Intraday.
If Bank Nifty sustains below 17450 then it could test 17350 and below that level it could test 17250.
Instead, if Bank Nifty trades above 17450 then it could test 17600.

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

Reliance


Today, 975 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 957 is crucial for short term. Positional Traders, trade long above 975 for a target of 990. Trade short below 975 for a target of 945.