Technical View of Cnx IT & Bank Nifty, 28 December 2015

Bank Nifty Intraday levels and trading tips

Today, 16900 is crucial for Intraday.

If Bank Nifty sustains below 16900 then it could test 16750 and below that level it could test 16650.

Instead, if Bank Nifty trades above 16900 then it could test 17050.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 December 2015

Reliance

Today, 1010 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1040. Trade short below 1010 for a target of 970