Tuesday, August 11, 2015

Technical View of Cnx IT & Bank Nifty, 11 August 2015

Bank Nifty Intraday levels and trading tips
Today, 18930 is crucial for Intraday.
If Bank Nifty sustains below 18930 then it could test 18800 and below that level it could test 18760.
Instead, if Bank Nifty trades above 18930 then it could test 19250.

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

Reliance


Today, 960 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 1000. Trade short below 960 for a target of 940.