Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 March 2015

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 950. Trade short below 940 for a target of 910.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 17 April 2015

Today, 8730 is the crucial intraday level for Nifty.

If Nifty sustains below 8730, then it could test 8640 and below that level it could test 8580.

Instead, if Nifty trades above 8730, then it could test 8770.