Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 May 2015

Reliance

Today, 887 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 887 is crucial for short term. Positional Traders, trade long above 887 for a target of 910. Trade short below 887 for a target of 870.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 25 May 2015

Today, 8440 is the crucial intraday level for Nifty.

If Nifty sustains below 8440, then it could test 8380 and below that level it could test 8340.

Instead, if Nifty trades above 8440, then it could test 8520.