Tuesday, October 10, 2017

Technical View of Cnx IT & Bank Nifty, 10 October 2017

Bank Nifty Intraday levels and trading tips
Today, 24270 is crucial for Intraday.
If Bank Nifty sustains below 24270 then it could test 24240 and below that level it could test 24200.
Instead, if Bank Nifty trades above 24270 then it could test 24400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 October 2017

Reliance
Today, 835 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.
The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 841. Trade short below 835 for a target of 827.