Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 August 2012

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 805. Trade short below 795 for a target of 770.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 27 August 2012

Today, 5400 is the crucial intraday level for Nifty.

If Nifty sustains below 5400, then it could test 5355 and below that level it could test 5300.
Instead, if Nifty trades above 5400 then it could test 5430.