Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 March 2012

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 810. Trade short below 790 for a target of 750.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 14 March 2012

Today, 5490 is the crucial intraday level for Nifty.

If Nifty sustains below 5490, then it could test 5440 and below that level it could test 5370.
Instead, if Nifty trades above 5490 then it could test 5540.