Technical View of Bank Nifty & CNX IT,01 December 2017

Bank Nifty Intraday levels

Today, 25400 is crucial for Intraday.

If Bank Nifty sustains below 25400 then it could test 25200 and below that level it could test 25050.

Instead, if Bank Nifty trades above 25400 then it could test 25500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 01 December 2017

Reliance

Today, 915 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional long trades can be initiated above 915 for a target of 935. Trade short below 915 for a target of 905.