Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 April 2014

Reliance

Today, 965 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 965 for a target of 985. Trade short below 965 for a target of 950.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 17 April 2014

Today, 6650 is the crucial intraday level for Nifty.

If Nifty sustains below 6650, then it could test 6620 and below that level it could test 6580.
Instead, if Nifty trades above 6650, then it could test 6750.