Friday, January 15, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel

Reliance
Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1120 is crucial for short term. Positional Traders, trade long above 1120, for a target of 1160. Trade short below 1120 for a target of 1000.

Thursday, January 14, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 14 Jan

Today, 5230 is the crucial intraday level for Nifty.
If Nifty sustains below 5230, then it could test 5160 and below that level it could test 5085.
Instead, if Nifty trades above 5230, then it could test 5270 and above that level it could test 5290.