Technical View of Cnx IT & Bank Nifty, 16 March 2015

Bank Nifty Intraday levels and trading tips

Today, 18700 is crucial for Intraday.

If Bank Nifty sustains below 18700 then it could test 18600 and below that level it could test 18500.

Instead, if Bank Nifty trades above 18700 then it could test 19000.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 March 2015

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 880. Trade short below 850 for a target of 840.