Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 February 2011

Reliance

Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930 for a target of 960. Trade short below 930 for a target of 915.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 18 February 2011

Today, 5550 is the crucial intraday level for Nifty.

If Nifty sustains below 5550, then it could test 5500 and below that level it could test 5460.
Instead, if Nifty trades above 5550, then it could test 5620.