Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 July 2011

Reliance

Today, 877 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 877 is crucial for short term. Positional Traders, trade long above 877 for a target of 890. Trade short below 877 for a target of 855.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 22 July 2011

Today, 5550 is the crucial intraday level for Nifty.

If Nifty sustains below 5550, then it could test 5480 and below that level it could test 5350.
Instead, if Nifty trades above 5550, then it could test 5600.