Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 June 2012

Reliance

Today, 725 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 725 is crucial for short term. Positional Traders, trade long above 725 for a target of 735. Trade short below 725 for a target of 690.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 7 June 2012

Today, 5020 is the crucial intraday level for Nifty.

If Nifty sustains below 5020, then it could test 4960 and below that level it could test 4910.
Instead, if Nifty trades above 5020 then it could test 5050.