Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 April 2012

Reliance

Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 760. Trade short below 750 for a target of 700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 4 April 2012

Today, 5330 is the crucial intraday level for Nifty.

If Nifty sustains below 5330, then it could test 5270 and below that level it could test 5230.
Instead, if Nifty trades above 5330 then it could test 5350.