Monday, November 23, 2015

Technical View of Cnx IT & Bank Nifty, 23 November 2015

Bank Nifty Intraday levels and trading tips
Today, 17200 is crucial for Intraday.
If Bank Nifty sustains below 17200 then it could test 17000 and below that level it could test 16900.
Instead, if Bank Nifty trades above 17200 then it could test 17350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 November 2015

Reliance


Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 955. Trade short below 940 for a target of 910