Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 October 2011

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 890. Trade short below 860 for a target of 810.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 10 October 2011

Today, 4900 is the crucial intraday level for Nifty.

If Nifty sustains below 4900, then it could test 4870 and below that level it could test 4820.
Instead, if Nifty trades above 4900 then it could test 4930.