Technical View of Cnx IT & Bank Nifty, 05 October 2017

Bank Nifty Intraday levels and trading tips

Today, 24200 is crucial for Intraday.

If Bank Nifty sustains below 24200 then it could test 24050 and below that level it could test 24000.

Instead, if Bank Nifty trades above 24200 then it could test 24350.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 October 2017

Reliance

Today, 830 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 845. Trade short below 830 for a target of 815.