Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 April 2012

Reliance

Today, 755 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 755 is crucial for short term. Positional Traders, trade long above 755 for a target of 775. Trade short below 755 for a target of 680.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 12 April 2012

Today, 5245 is the crucial intraday level for Nifty.

If Nifty sustains below 5245, then it could test 5190 and below that level it could test 5130.
Instead, if Nifty trades above 5245 then it could test 5280.