Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 June 2011

Reliance

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 920. Trade short below 900 for a target of 850.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 29 June 2011

Today, 5570 is the crucial intraday level for Nifty.

If Nifty sustains below 5570, then it could test 5500 and below that level it could test 5430.
Instead, if Nifty trades above 5570, then it could test 5610.