Technical View of Cnx IT & Bank Nifty, 04 June 2015

Bank Nifty Intraday levels and trading tips

Today, 17600 is crucial for Intraday.

If Bank Nifty sustains below 17600 then it could test 17500 and below that level it could test 17450.

Instead, if Bank Nifty trades above 17600 then it could test 17900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 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.