Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 August 2012

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 800. Trade short below 790 for a target of 770.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 30 August 2012

Today, 5295 is the crucial intraday level for Nifty.

If Nifty sustains below 5295, then it could test 5260 and below that level it could test 5220.
Instead, if Nifty trades above 5295 then it could test 5320.