Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 September 2014

Reliance

Today, 930 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930 for a target of 950. Trade short below 930 for a target of 890.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 25 September 2014

Today, 8025 is the crucial intraday level for Nifty.

If Nifty sustains below 8025, then it could test 7950 and below that level it could test 7850.
Instead, if Nifty trades above 8025, then it could test 8060.