Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 September 2011

Reliance

Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 805. Trade short below 785 for a target of 740.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 5 September 2011

Today, 5000 is the crucial intraday level for Nifty.

If Nifty sustains below 5000, then it could test 4920 and below that level it could test 4850.
Instead, if Nifty trades above 5000 then it could test 5060.