Technical View of Cnx IT & Bank Nifty, 29 April 2015

Bank Nifty Intraday levels and trading tips

Today, 18400 is crucial for Intraday.

If Bank Nifty sustains below 18400 then it could test 18200 and below that level it could test 18100.

Instead, if Bank Nifty trades above 18400 then it could test 18600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 29 April 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 905. Trade short below 865 for a target of 840.