Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 October 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 815. Trade short below 785 for a target of 700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 3 October 2011

Today, 4830 is the crucial intraday level for Nifty.

If Nifty sustains below 4830, then it could test 4800 and below that level it could test 4750.
Instead, if Nifty trades above 4830 then it could test 4880.