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

Reliance

Today, 745 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 745 is crucial for short term. Positional Traders, trade long above 745 for a target of 765. Trade short below 745 for a target of 700.

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

Today, 5290 is the crucial intraday level for Nifty.

If Nifty sustains below 5290, then it could test 5240 and below that level it could test 5200.
Instead, if Nifty trades above 5290 then it could test 5350.