Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 January 2012

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 825. Trade short below 795 for a target of 765.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 25 January 2012

Today, 5140 is the crucial intraday level for Nifty.

If Nifty sustains below 5140, then it could test 5070 and below that level it could test 5000.
Instead, if Nifty trades above 5140 then it could test 5170.