Technical View of Bank Nifty & CNX IT, 03 November 2017

Bank Nifty Intraday levels

Today, 25400 is crucial for Intraday.

If Bank Nifty sustains below 25400 then it could test 25350 and below that level it could test 25300.

Instead, if Bank Nifty trades above 25400 then it could test 25700.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 03 November 2017

Reliance

Today, 960 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional long trades can be initiated above 960 for a target of 980. Trade short below 960 for a target of 945.