Technical View of Cnx IT & Bank Nifty, 29 January 2015

Bank Nifty Intraday levels and trading tips

Today, 20500 is crucial for Intraday.

If Bank Nifty sustains below 20500 then it could test 20250 and below that level it could test 20000.

Instead, if Bank Nifty trades above 20500 then it could test 20600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 29 January 2015

Reliance

Today, 910 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 940. Trade short below 910 for a target of 900.