Technical View of Cnx IT & Bank Nifty, 12 October 2017

Bank Nifty Intraday levels and trading tips

Today, 24150 is crucial for Intraday.

If Bank Nifty sustains below 24150 then it could test 24100 and below that level it could test 24000.

Instead, if Bank Nifty trades above 24150 then it could test 24250.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 October 2017

Reliance

Today, 841 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 841 is crucial for short term. Positional Traders, trade long above 841 for a target of 860. Trade short below 841 for a target of 825.