Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 September 2014

Reliance

Today, 1020 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1050. Trade short below 1020 for a target of 1005.

Intraday Trading Calls - 04 September 2014

Date 04/9/14, Time 10.09 - Buy Reliance inds at 1030 Stop 1025. Target 1045.
                       Time 10.56 - Buy Reliance inds at 1020 Stop 1015. Target 1045.
                       Time 11.05 - Buy Nifty Fut at 8105 Stop 8090. Target 8150.