Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 07 December 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 935. Trade short below 925 for a target of 905.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 05 November 2017

Today, 10080 is the crucial intraday level for Nifty.

If Nifty sustains below 10080, then it could test 10050 and below that level it could test 10030.

Instead, if Nifty trades above 10080, then it could test 10150.