Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 November 2011

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 860. Trade short below 840 for a target of 780.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 November 2011

Today, 5080 is the crucial intraday level for Nifty.

If Nifty sustains below 5080, then it could test 5000 and below that level it could test 4900.
Instead, if Nifty trades above 5080 then it could test 5130.