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

Bank Nifty Intraday levels and trading tips

Today, 20000 is crucial for Intraday.

If Bank Nifty sustains below 20000 then it could test 19750 and below that level it could test 18600.

Instead, if Bank Nifty trades above 20000 then it could test 20300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 02 March 2015

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 895. Trade short below 875 for a target of 855.