Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 December 2011

Reliance

Today, 770 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 770 is crucial for short term. Positional Traders, trade long above 770 for a target of 790. Trade short below 770 for a target of 725.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 23 December 2011

Today, 4765 is the crucial intraday level for Nifty.

If Nifty sustains below 4765, then it could test 4710 and below that level it could test 4620.
Instead, if Nifty trades above 4765 then it could test 4800.