Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 03 March 2015

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 895. Trade short below 875 for a target of 855.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 02 March 2015

Today, 9000 is the crucial intraday level for Nifty.

If Nifty sustains below 9000, then it could test 8920 and below that level it could test 8850.

Instead, if Nifty trades above 9000, then it could test 9100.