Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 July 2012

Reliance

Today, 720 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 720 is crucial for short term. Positional Traders, trade long above 720 for a target of 730. Trade short below 720 for a target of 700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 17 July 2012

Today, 5210 is the crucial intraday level for Nifty.

If Nifty sustains below 5210, then it could test 5160 and below that level it could test 5090.
Instead, if Nifty trades above 5210 then it could test 5250.