Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 October 2017

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 900. Trade short below 875 for a target of 865.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 13 October 2017

Today, 10130 is the crucial intraday level for Nifty.

If Nifty sustains below 10130, then it could test 10075 and below that level it could test 10050.

Instead, if Nifty trades above 10130, then it could test 10180.