Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 May 2015

Reliance

Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 910. Trade short below 880 for a target of 870.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 27 May 2015

Today, 8370 is the crucial intraday level for Nifty.

If Nifty sustains below 8370, then it could test 8320 and below that level it could test 8300.

Instead, if Nifty trades above 8370, then it could test 8450.