Technical View of Cnx IT & Bank Nifty, 03 February 2015

Bank Nifty Intraday levels and trading tips

Today, 20000 is crucial for Intraday.

If Bank Nifty sustains below 20000 then it could test 19600 and below that level it could test 19400.

Instead, if Bank Nifty trades above 20000 then it could test 20300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 03 February 2015

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 910.