Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 02 December 2014

Reliance

Today, 960 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 990. Trade short below 960 for a target of 950.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 01 December 2014

Today, 8580 is the crucial intraday level for Nifty.

If Nifty sustains below 8580, then it could test 8550 and below that level it could test 8500.

Instead, if Nifty trades above 8580, then it could test 8650.