Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 November 2010

Reliance

Today, 1020 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020, for a target of 1060. Trade short below 1020 for a target of 980.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 November 2010

Today, 6145 is the crucial intraday level for Nifty.

If Nifty sustains below 6145, then it could test 6080 and below that level it could test 6000.
Instead, if Nifty trades above 6145, then it could test 6200.