Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 September 2014

Reliance

Today, 1015 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1015 is crucial for short term. Positional Traders, trade long above 1015 for a target of 1030. Trade short below 1015 for a target of 995.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 18 September 2014

Today, 8060 is the crucial intraday level for Nifty.

If Nifty sustains below 8060, then it could test 7980 and below that level it could test 7930.
Instead, if Nifty trades above 8060, then it could test 8110.