Thursday, June 11, 2015

Technical View of Cnx IT & Bank Nifty, 11 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 17650 and below that level it could test 17500.
Instead, if Bank Nifty trades above 17900 then it could test 18200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 June 2015

Reliance


Today, 910 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 940. Trade short below 910 for a target of 890.