Technical View of Cnx IT & Bank Nifty, 03 June 2015

Bank Nifty Intraday levels and trading tips

Today, 17900 is crucial for Intraday.

If Bank Nifty sustains below 17900 then it could test 17800 and below that level it could test 17600.

Instead, if Bank Nifty trades above 17900 then it could test 18200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 03 June 2015

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 930. Trade short below 890 for a target of 870.