Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 November 2012

Reliance

Today, 760 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 760 is crucial for short term. Positional Traders, trade long above 760 for a target of 775. Trade short below 760 for a target of 730.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 November 2012

Today, 5585 is the crucial intraday level for Nifty.

If Nifty sustains below 5585, then it could test 5550 and below that level it could test 5450.
Instead, if Nifty trades above 5585, then it could test 5605.