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

Bank Nifty Intraday levels and trading tips

Today, 17500 is crucial for Intraday.

If Bank Nifty sustains below 17500 then it could test 17350 and below that level it could test 17000.

Instead, if Bank Nifty trades above 17500 then it could test 17650.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 01 October 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 880. Trade short below 870 for a target of 820.