Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 April 2012

Reliance

Today, 760 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 760 is crucial for short term. Positional Traders, trade long above 760 for a target of 775. Trade short below 760 for a target of 730.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 2 April 2012

Today, 5265 is the crucial intraday level for Nifty.

If Nifty sustains below 5265, then it could test 5230 and below that level it could test 5190.
Instead, if Nifty trades above 5265 then it could test 5320.