Saturday, February 28, 2015

Technical View of Cnx IT & Bank Nifty, 28 February 2015

Bank Nifty Intraday levels and trading tips
Today, 19400 is crucial for Intraday.
If Bank Nifty sustains below 19400 then it could test 19100 and below that level it could test 18800.
Instead, if Bank Nifty trades above 19400 then it could test 19700.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 February 2015

Reliance


Today, 855 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 885. Trade short below 855 for a target of 845.