Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 March 2013

Reliance

Today, 845 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845 for a target of 860. Trade short below 845 for a target of 815.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 13 March 2013

Today, 5910 is the crucial intraday level for Nifty.

If Nifty sustains below 5910 then it could test 5875 and below that level it could test 5850.
Instead, if Nifty trades above 5910 then it could test 5950.