Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 November 2010

Reliance

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1020. Trade short below 980 for a target of 930.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 22 November 2010

Today, 5900 is the crucial intraday level for Nifty.

If Nifty sustains below 5900, then it could test 5830 and below that level it could test 5780.
Instead, if Nifty trades above 5900, then it could test 5955.