Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 July 2011

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 840.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 7 July 2011

Today, 5660 is the crucial intraday level for Nifty.

If Nifty sustains below 5660, then it could test 5610 and below that level it could test 5550.
Instead, if Nifty trades above 5660, then it could test 5700.