Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 June 2014

Reliance

Today, 1025 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025 for a target of 1050. Trade short below 1025 for a target of 990.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 27 June 2014

Today, 7520 is the crucial intraday level for Nifty.

If Nifty sustains below 7520, then it could test 7440 and below that level it could test 7380.
Instead, if Nifty trades above 7520, then it could test 7570.