Technical View of Cnx IT & Bank Nifty, 23 February 2015

Bank Nifty Intraday levels and trading tips

Today, 19300 is crucial for Intraday.

If Bank Nifty sustains below 19300 then it could test 19000 and below that level it could test 18900.

Instead, if Bank Nifty trades above 19300 then it could test 19550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 February 2015

Reliance

Today, 870 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 900. Trade short below 870 for a target of 860.