Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 09 March 2015

Reliance

Today, 865 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 910. Trade short below 880 for a target of 850.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 05 March 2015

Today, 8960 is the crucial intraday level for Nifty.

If Nifty sustains below 8960, then it could test 8890 and below that level it could test 8850.

Instead, if Nifty trades above 8960, then it could test 9040.