Technical View of Bank Nifty & CNX IT, 23 October 2017

Bank Nifty Intraday levels

Today, 24000 is crucial for Intraday.

If Bank Nifty sustains below 24000 then it could test 23900 and below that level it could test 23800.

Instead, if Bank Nifty trades above 24000 then it could test 24150.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 October 2017

Reliance

Today, 920 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 940. Trade short below 920 for a target of 895.