Technical View of Bank Nifty & CNX IT, 14 November 2017

Bank Nifty Intraday levels

Today, 25300 is crucial for Intraday.

If Bank Nifty sustains below 25300 then it could test 25200 and below that level it could test 25100.

Instead, if Bank Nifty trades above 25300 then it could test 25450.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 14 November 2017

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional long trades can be initiated above 875 for a target of 900. Trade short below 875 for a target of 870.