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

Reliance

Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 775. Trade short below 750 for a target of 710.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 12 December 2011

Today, 4866 is the crucial intraday level for Nifty.

If Nifty sustains below 4866, then it could test 4810 and below that level it could test 4760.
Instead, if Nifty trades above 4866 then it could test 4920.