Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 April 2011

Reliance

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 995 for a target of 1005. Trade short below 990 for a target of 960.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 28 April 2011

Today, 5850 is the crucial intraday level for Nifty.

If Nifty sustains below 5850, then it could test 5780 and below that level it could test 5720.
Instead, if Nifty trades above 5850, then it could test 5900.