Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 04 April 2013

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, 03 April 2013

Today, 5755 is the crucial intraday level for Nifty.

If Nifty sustains below 5755 then it could test 5710 and below that level it could test 5660.
Instead, if Nifty trades above 5755 then it could test 5760.