Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 Sepember 2012

Reliance

Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 790. Trade short below 780 for a target of 750.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 5 September 2012

Today, 5280 is the crucial intraday level for Nifty.

If Nifty sustains below 5280, then it could test 5230 and below that level it could test 5160.
Instead, if Nifty trades above 5280 then it could test 5310.