Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 29 June 2015

Reliance

Today, 985 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 985 is crucial for short term. Positional Traders, trade long above 985 for a target of 1000. Trade short below 985 for a target of 960.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 26 June 2015

Today, 8420 is the crucial intraday level for Nifty.

If Nifty sustains below 8420, then it could test 8330 and below that level it could test 8250.

Instead, if Nifty trades above 8420, then it could test 8460.