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

Bank Nifty Intraday levels and trading tips

Today, 16050 is crucial for Intraday.

If Bank Nifty sustains below 16050 then it could test 15800 and below that level it could test 15600.

Instead, if Bank Nifty trades above 16050 then it could test 16200.

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

Reliance

Today, 840 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 860. Trade short below 840 for a target of 800.