Technical View of Cnx IT & Bank Nifty, 24 November 2014

Bank Nifty Intraday levels and trading tips

Today, 18150 is crucial for Intraday.

If Bank Nifty sustains below 18150 then it could test 18050 and below that level it could test 17950.

Instead, if Bank Nifty trades above 18150, then it could test 18300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 November 2014

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 1010. Trade short below 1000 for a target of 985.