Technical View of Cnx IT & Bank Nifty, 04 October 2017

Bank Nifty Intraday levels and trading tips

Today, 24240 is crucial for Intraday.

If Bank Nifty sustains below 24240 then it could test 24000 and below that level it could test 23800.

Instead, if Bank Nifty trades above 24240 then it could test 24350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 October 2017

Reliance

Today, 805 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 805 is crucial for short term. Positional Traders, trade long above 805 for a target of 845. Trade short below 805 for a target of 780