Technical View of Cnx IT & Bank Nifty, 30 October 2015

Bank Nifty Intraday levels and trading tips

Today, 17400 is crucial for Intraday.

If Bank Nifty sustains below 17400 then it could test 17100 and below that level it could test 16800.

Instead, if Bank Nifty trades above 17400 then it could test 17600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 October 2015

Reliance

Today, 950 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950 for a target of 970. Trade short below 950 for a target of 910.