Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 December 2010

Reliance

Today, 1065 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1065 is crucial for short term. Positional Traders, trade long above 1065, for a target of 1100. Trade short below 1065 for a target of 1020.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 December 2010

Today, 5950 is the crucial intraday level for Nifty.

If Nifty sustains below 5950, then it could test 5890 and below that level it could test 5840.
Instead, if Nifty trades above 5950, then it could test 5990.