Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 August 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 715.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 31 July 2012

Today, 5220 is the crucial intraday level for Nifty.

If Nifty sustains below 5220, then it could test 5130 and below that level it could test 5100.
Instead, if Nifty trades above 5220 then it could test 5260.