Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 November 2017

Reliance

Today, 925 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 925 is crucial for short term. Positional long trades can be initiated above 925 for a target of 940. Trade short below 925 for a target of 915.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 20 November 2017

Today, 10310 is the crucial intraday level for Nifty.

If Nifty sustains below 10310, then it could test 10260 and below that level it could test 10220.

Instead, if Nifty trades above 10310, then it could test 10380.