Technical View of Cnx IT & Bank Nifty, 27 June 2014

Bank Nifty Intraday levels and trading tips

Today, 15100 is crucial for Intraday.

If Bank Nifty sustains below 15100 then it could test 14900 and below that level it could test 14750.
Instead, if Bank Nifty trades above 15100, then it could test 15200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 27 June 2014

Reliance

Today, 1030 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1055. Trade short below 1030 for a target of 1000.