Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 September 2010

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1045. Trade short below 1010 for a target of 975.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 September 2010

Today, 5870 is the crucial intraday level for Nifty.

If Nifty sustains below 5870, then it could test 5810 and below that level it could test 5760.

Instead, if Nifty trades above 5870, then it could test 5950.