Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 May

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 1045. Trade short below 1015 for a target of 960.

Nifty - Technical Outlook and Intraday Trading Levels, 27 May

Today, 4925 is the crucial intraday level for Nifty.

If Nifty sustains below 4925, then it could test 4890 and below that level it could test 4860.
Instead, if Nifty trades above 4925, then it could test 4950.

Short term Technical View of Nifty

For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4730. Instead, if it trades above 4950, then it is likely to test 5200.