Technical View of Cnx IT & Bank Nifty, 05 December 2014

Bank Nifty Intraday levels and trading tips

Today, 18900 is crucial for Intraday.

If Bank Nifty sustains below 18900 then it could test 18650 and below that level it could test 18500.

Instead, if Bank Nifty trades above 18900, then it could test 19000.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 December 2014

Reliance

Today, 955 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 955 is crucial for short term. Positional Traders, trade long above 955 for a target of 980. Trade short below 955 for a target of 950