Technical View of Cnx IT & Bank Nifty, 02 February 2015

Bank Nifty Intraday levels and trading tips

Today, 19600 is crucial for Intraday.

If Bank Nifty sustains below 19600 then it could test 19400 and below that level it could test 19200.

Instead, if Bank Nifty trades above 19600 then it could test 19900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 02 February 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 935. Trade short below 910 for a target of 890.