Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 July 2013

Reliance

Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 895. Trade short below 880 for a target of 840.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 2 July 2013

Today, 5910 is the crucial intraday level for Nifty.

If Nifty sustains below 5910 then it could test 5850 and below that level it could test 5800.
Instead, if Nifty trades above 5910 then it could test 5950.