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

Reliance

Today, 1010 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1040. Trade short below 1010 for a target of 970

Nifty Technical Outlook, Positional & Intraday Trading Levels, 23 November 2015

Today, 7860 is the crucial intraday level for Nifty.

If Nifty sustains below 7860, then it could test 7810 and below that level it could test 7780.

Instead, if Nifty trades above 7860, then it could test 7910.