Thursday, November 19, 2015

Technical View of Cnx IT & Bank Nifty, 19 November 2015

Bank Nifty Intraday levels and trading tips
Today, 16950 is crucial for Intraday.
If Bank Nifty sustains below 16950 then it could test 16850 and below that level it could test 16800.
Instead, if Bank Nifty trades above 16950 then it could test 17050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 October 2015

Reliance


Today, 925 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 925 is crucial for short term. Positional Traders, trade long above 925 for a target of 940. Trade short below 925 for a target of 900