Technical View of Cnx IT & Bank Nifty, 28 January 2016

Bank Nifty Intraday levels and trading tips

Today, 15700 is crucial for Intraday.

If Bank Nifty sustains below 15700 then it could test 15400 and below that level it could test 15100.

Instead, if Bank Nifty trades above 15700 then it could test 15900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 January 2016

Reliance

Today, 1000 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1015. Trade short below 1000 for a target of 970