Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 November 2013

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 855.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 8 November 2013

Today, 6180 is the crucial intraday level for Nifty.

If Nifty sustains below 6180 , then it could test 6130 and below that level it could test 6080.
Instead, if Nifty trades above 6180, then it could test 6210.