Technical View of Cnx IT & Bank Nifty, 04 February 2015

Bank Nifty Intraday levels and trading tips

Today, 19500 is crucial for Intraday.

If Bank Nifty sustains below 19500 then it could test 19200 and below that level it could test 19000.

Instead, if Bank Nifty trades above 19500 then it could test 19700.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 February 2015

Reliance

Today, 935 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 970. Trade short below 935 for a target of 910.