Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 June 2013

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 830. Trade short below 820 for a target of 760.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 14 June 2013

Today, 5760 is the crucial intraday level for Nifty.

If Nifty sustains below 5760 then it could test 5720 and below that level it could test 5630.
Instead, if Nifty trades above 5760 then it could test 5785.