Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 November 2010

Reliance

Today, 1105 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1105 is crucial for short term. Positional Traders, trade long above 1105, for a target of 1120. Trade short below 1105 for a target of 1070.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 9 November 2010

Today, 6260 is the crucial intraday level for Nifty.

If Nifty sustains below 6260, then it could test 6230 and below that level it could test 6170.
Instead, if Nifty trades above 6260, then it could test 6310.