Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 December 2011

Reliance

Today, 745 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 745 is crucial for short term. Positional Traders, trade long above 745 for a target of 760. Trade short below 745 for a target of 710.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 December 2011

Today, 4635 is the crucial intraday level for Nifty.

If Nifty sustains below 4635, then it could test 4580 and below that level it could test 4520.
Instead, if Nifty trades above 4635 then it could test 4665.