Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 February 2011

Reliance

Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 935. Trade short below 915 for a target of 880.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 8 February 2011

Today, 5420 is the crucial intraday level for Nifty.

If Nifty sustains below 5420, then it could test 5350 and below that level it could test 5250.
Instead, if Nifty trades above 5420, then it could test 5490.