Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 December 2011

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 845. Trade short below 820 for a target of 780.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 2 December 2011

Today, 4950 is the crucial intraday level for Nifty.

If Nifty sustains below 4950, then it could test 4910 and below that level it could test 4850.
Instead, if Nifty trades above 4950 then it could test 4975.