Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 March 2012

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 700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 19 March 2012

Today, 5345 is the crucial intraday level for Nifty.

If Nifty sustains below 5345, then it could test 5290 and below that level it could test 5220.
Instead, if Nifty trades above 5345 then it could test 5390.