Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 June 2014

Reliance

Today, 1125 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1125 is crucial for short term. Positional Traders, trade long above 1125 for a target of 1140. Trade short below 1125 for a target of 1065.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 10 June 2014

Today, 7680 is the crucial intraday level for Nifty.

If Nifty sustains below 7680, then it could test 7590 and below that level it could test 7500.
Instead, if Nifty trades above 7680, then it could test 7800.