Technical View of Bank Nifty & CNX IT, 17 October 2017

Bank Nifty Intraday levels

Today, 24750 is crucial for Intraday.

If Bank Nifty sustains below 24750 then it could test 24650 and below that level it could test 24600.

Instead, if Bank Nifty trades above 24750 then it could test 24900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 October 2017

Reliance

Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 900. Trade short below 880 for a target of 865.