Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 June 2011

Reliance

Today, 935 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 960. Trade short below 935 for a target of 915.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 6 June 2011

Today, 5530 is the crucial intraday level for Nifty.

If Nifty sustains below 5530, then it could test 5460 and below that level it could test 5420.
Instead, if Nifty trades above 5530, then it could test 5570.