Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 March 2014

Reliance

Today, 880 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 910. Trade short below 880 for a target of 870.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 21 March 2014

Today, 6465 is the crucial intraday level for Nifty.

If Nifty sustains below 6465, then it could test 6450 and below that level it could test 6400.
Instead, if Nifty trades above 6465, then it could test 6540.