Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 9 Feb

Reliance

Today, 1015 is the crucial intraday level. Trade long above that level and trade short below that level. 

The level 1015 is crucial for short term. Positional Traders, trade long above 1015, for a target of 1050. Trade short below 1015 for a target of 940.

Below 4766, the Next Short Term Target for Nifty is 4400

8, Feb 2010

Nifty has made a short term bottom at 4766 on 29th January and bounced back from that level to rally towards 4951. Now the level, 4766 is crucial for short term. Likewise, the bottom formed on 29th January in individual stocks also crucial for short term.