Wednesday, March 04, 2015

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

Bank Nifty Intraday levels and trading tips
Today, 20100 is crucial for Intraday.
If Bank Nifty sustains below 20100 then it could test 19900 and below that level it could test 19800.
Instead, if Bank Nifty trades above 20100 then it could test 20500.

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

Reliance


Today, 910 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 930. Trade short below 910 for a target of 895.