Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 08 September 2015

Reliance

Today, 840 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 860. Trade short below 840 for a target of 800.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 07 September 2015

Today, 7700 is the crucial intraday level for Nifty.

If Nifty sustains below 7700, then it could test 7550 and below that level it could test 7500.

Instead, if Nifty trades above 7700, then it could test 7770.