Thursday, January 18, 2018

Technical View of Bank Nifty & CNX IT, 18 January 2018

Bank Nifty Intraday levels
Today, 26100 is crucial for Intraday.
If Bank Nifty sustains below 26100 then it could test 25900 and below that level it could test 25750.
Instead, if Bank Nifty trades above 26100 then it could test 26300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 January 2018

Reliance
Today, 925 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.
The level 925 is crucial for short term. Positional long trades can be initiated above 925 for a target of 950. Trade short below 925 for a target of 905.

Wednesday, January 17, 2018

Nifty Technical Outlook, Positional & Intraday Trading Levels, 17 January 2018

Today, 10740 is the crucial intraday level for Nifty.
If Nifty sustains below 10740, then it could test 10690 and below that level it could test 10600.
Instead, if Nifty trades above 10740, then it could test 10800.

Nifty Futures Technical Analysis - Intraday and Positional Levels, 17 January 2018

Today, 10740 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 10740, then it could test 10690 and below that level it could test 10600
Instead, if Nifty futures trades above 10740, then it could test 10800.