Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 March 2011

Reliance

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 100. Trade short below 1030 for a target of 990.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 25 March 2011

Today, 5550 is the crucial intraday level for Nifty.

If Nifty sustains below 5550, then it could test 5480 and below that level it could test 5450.
Instead, if Nifty trades above 5550, then it could test 5580.