Tuesday, February 10, 2015

Technical View of Cnx IT & Bank Nifty, 10 February 2015

Bank Nifty Intraday levels and trading tips
Today, 18800 is crucial for Intraday.
If Bank Nifty sustains below 18800 then it could test 18200 and below that level it could test 18000.
Instead, if Bank Nifty trades above 18800 then it could test 19100.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 February 2015

Reliance


Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 915. Trade short below 890 for a target of 880.