Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 April 2011

Reliance

Today, 1020 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1040. Trade short below 1020 for a target of 960.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 19 April 2011

Today, 5730 is the crucial intraday level for Nifty.

If Nifty sustains below 5730, then it could test 5650 and below that level it could test 5590.
Instead, if Nifty trades above 5730, then it could test 5760.