Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 October 2010

Reliance

Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055, for a target of 1100. Trade short below 1055 for a target of 1020.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 11 October 2010

Today, 6170 is the crucial intraday level for Nifty.

If Nifty sustains below 6170, then it could test 6145 and below that level it could test 6120.
Instead, if Nifty trades above 6145, then it could test 6170.