Technical View of Cnx IT & Bank Nifty, 08 October 2014

Bank Nifty Intraday levels and trading tips

Today, 15300 is crucial for Intraday.

If Bank Nifty sustains below 15300 then it could test 15150 and below that level it could test 14950.
Instead, if Bank Nifty trades above 15300, then it could test 15400.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 08 October 2014

Reliance

Today, 920 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 935. Trade short below 920 for a target of 890.