Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 December 2011

Reliance

Today, 735 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 735 is crucial for short term. Positional Traders, trade long above 735 for a target of 745. Trade short below 735 for a target of 690.

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

Today, 4780 is the crucial intraday level for Nifty.

If Nifty sustains below 4780, then it could test 4730 and below that level it could test 4650.
Instead, if Nifty trades above 4780 then it could test 4840.