Monday, March 30, 2015

Technical View of Cnx IT & Bank Nifty, 30 March 2015

Bank Nifty Intraday levels and trading tips
Today, 18250 is crucial for Intraday.
If Bank Nifty sustains below 18250 then it could test 18100 and below that level it could test 18000.
Instead, if Bank Nifty trades above 18250 then it could test 18350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 March 2015

Reliance


Today, 800 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 840. Trade short below 800 for a target of 790.