Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 June 2011

Reliance

Today, 890 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 930. Trade short below 900 for a target of 830.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 June 2011

Today, 5440 is the crucial intraday level for Nifty.

If Nifty sustains below 5440, then it could test 5360 and below that level it could test 5300.
Instead, if Nifty trades above 5440, then it could test 5480.