Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 November 2011

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 835. Trade short below 810 for a target of 750.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 17 November 2011

Today, 5040 is the crucial intraday level for Nifty.

If Nifty sustains below 5040, then it could test 4990 and below that level it could test 4900.
Instead, if Nifty trades above 5040 then it could test 5080.