Technical View of Cnx IT & Bank Nifty, 24 June 2014

Bank Nifty Intraday levels and trading tips

Today, 15170 is crucial for Intraday.

If Bank Nifty sustains below 15170 then it could test 14900 and below that level it could test 14650.
Instead, if Bank Nifty trades above 15170, then it could test 15250.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 June 2014

Reliance

Today, 1055 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055 for a target of 1075. Trade short below 1055 for a target of 1000.