Technical View of Cnx IT & Bank Nifty, 08 July 2015

Bank Nifty Intraday levels and trading tips

Today, 18500 is crucial for Intraday.

If Bank Nifty sustains below 18500 then it could test 18450 and below that level it could test 18350.

Instead, if Bank Nifty trades above 18500 then it could test 18850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 08 July 2015

Reliance

Today, 995 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 1020. Trade short below 995 for a target of 970.