Technical View of Bank Nifty & CNX IT, 13 October 2017

Bank Nifty Intraday levels

Today, 24400 is crucial for Intraday.

If Bank Nifty sustains below 24400 then it could test 24300 and below that level it could test 24250.

Instead, if Bank Nifty trades above 24400 then it could test 24600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 October 2017

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 890. Trade short below 860 for a target of 845.