Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 March 2011

Reliance

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

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 1010. Trade short below 980 for a target of 960.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 1 March 2011

Today, 5340 is the crucial intraday level for Nifty.

If Nifty sustains below 5340, then it could test 5280 and below that level it could test 5180.
Instead, if Nifty trades above 5340, then it could test 5400.