Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 February 2012

Reliance

Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 890. Trade short below 865 for a target of 825.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 22 February 2012

Today, 5600 is the crucial intraday level for Nifty.

If Nifty sustains below 5600, then it could test 5530 and below that level it could test 5460.
Instead, if Nifty trades above 5600 then it could test 5600.