Monday, March 09, 2015

Technical View of Cnx IT & Bank Nifty, 09 March 2015

Bank Nifty Intraday levels and trading tips
Today, 19700 is crucial for Intraday.
If Bank Nifty sustains below 19700 then it could test 19550 and below that level it could test 19300.
Instead, if Bank Nifty trades above 19700 then it could test 19800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 09 March 2015

Reliance


Today, 865 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 910. Trade short below 880 for a target of 850.