Technical View of Cnx IT & Bank Nifty, 01 September 2015

Bank Nifty Intraday levels and trading tips

Today, 17350 is crucial for Intraday.

If Bank Nifty sustains below 17350 then it could test 16900 and below that level it could test 16750.

Instead, if Bank Nifty trades above 17350 then it could test 17500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 01 September 2015

Reliance

Today, 870 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 885. Trade short below 870 for a target of 820.