Technical View and Trading Levels of Cnx IT & Bank Nifty, 3 May

Bank Nifty Intraday levels and range 

Today, 9800 is crucial for Intraday.

If Bank Nifty sustains below 9800, then it could test 9600.
Instead, if Bank Nifty trades above 9800, then it could test 9950.

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 May

Reliance

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1140. Trade short below 1040 for a target of 980.