Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 November 2011

Reliance

Today, 885 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 885 is crucial for short term. Positional Traders, trade long above 885 for a target of 910. Trade short below 885 for a target of 850.

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

Today, 5240 is the crucial intraday level for Nifty.

If Nifty sustains below 5240, then it could test 5180 and below that level it could test 5150.
Instead, if Nifty trades above 5240 then it could test 5300.