Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 Sepember 2012

Reliance

Today, 775 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 775 is crucial for short term. Positional Traders, trade long above 775 for a target of 790. Trade short below 775 for a target of 745.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 3 September 2012

Today, 5300 is the crucial intraday level for Nifty.

If Nifty sustains below 5300, then it could test 5250 and below that level it could test 5220.
Instead, if Nifty trades above 5300 then it could test 5340.