Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 August 2012

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 810. Trade short below 800 for a target of 770.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 23 August 2012

Today, 5440 is the crucial intraday level for Nifty.

If Nifty sustains below 5440, then it could test 5400 and below that level it could test 5370.
Instead, if Nifty trades above 5440 then it could test 5475.