Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 October 2012

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 840. Trade short below 825 for a target of 780.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 15 October 2012

Today, 5655 is the crucial intraday level for Nifty.

If Nifty sustains below 5655, then it could test 5630 and below that level it could test 5580.
Instead, if Nifty trades above 5655, then it could test 5695.