Technical View of Bank Nifty & CNX IT, 25 October 2017

Bank Nifty Intraday levels

Today, 24300 is crucial for Intraday.

If Bank Nifty sustains below 24300 then it could test 24200 and below that level it could test 24100.

Instead, if Bank Nifty trades above 24300 then it could test 24450.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 25 October 2017

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 960. Trade short below 940 for a target of 920.