Monday, April 06, 2015

Technical View of Cnx IT & Bank Nifty, 06 April 2015

Bank Nifty Intraday levels and trading tips
Today, 18800 is crucial for Intraday.
If Bank Nifty sustains below 18800 then it could test 18600 and below that level it could test 18400.
Instead, if Bank Nifty trades above 18800 then it could test 19200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 06 March 2015

Reliance


Today, 840 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 880. Trade short below 840 for a target of 830.