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

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 835. Trade short below 820 for a target of 790.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 4 December 2012

Today, 5880 is the crucial intraday level for Nifty.

If Nifty sustains below 5880, then it could test 5825 and below that level it could test 5800.
Instead, if Nifty trades above 5880, then it could test 5920.