Technical View of Cnx IT & Bank Nifty, 26 November 2014

Bank Nifty Intraday levels and trading tips

Today, 18100 is crucial for Intraday.

If Bank Nifty sustains below 18100 then it could test 17900 and below that level it could test 17800.

Instead, if Bank Nifty trades above 18100, then it could test 18180.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 November 2014

Reliance

Today, 995 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 985. Trade short below 995 for a target of 1000.