Technical View of Cnx IT & Bank Nifty, 05 November 2015

Bank Nifty Intraday levels and trading tips

Today, 17180 is crucial for Intraday.

If Bank Nifty sustains below 17180 then it could test 17000 and below that level it could test 16900.

Instead, if Bank Nifty trades above 17180 then it could test 17300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 October 2015

Reliance

Today, 955 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 955 is crucial for short term. Positional Traders, trade long above 955 for a target of 975. Trade short below 955 for a target of 915.