Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 October 2011

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 815. Trade short below 790 for a target of 700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 30 September 2011

Today, 5020 is the crucial intraday level for Nifty.

If Nifty sustains below 5020, then it could test 4960 and below that level it could test 4880.
Instead, if Nifty trades above 5020 then it could test 5070.