Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 7 January 2015

Reliance

Today, 830 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 860. Trade short below 830 for a target of 810.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 6 January 2015

Today, 8270 is the crucial intraday level for Nifty.

If Nifty sustains below 8270, then it could test 8200 and below that level it could test 8150.

Instead, if Nifty trades above 8270, then it could test 8300.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 6 January 2015

Today, 8305 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8305, then it could test 8235 and below that level it could test 8185. 

Instead, if Nifty futures trades above 8305, then it could test 8340.

Sensex - Technical Outlook and Trading Levels, 6 January 2015

Today, 27500 is the crucial intraday level for Sensex.

If Sensex sustains below 27500, then it could test 27300 and below that level it could test 27150.

Instead, if Sensex trades above 27500, then it could test 27600.

Technical View of Cnx IT & Bank Nifty, 6 January 2015

Bank Nifty Intraday levels and trading tips

Today, 18750 is crucial for Intraday.

If Bank Nifty sustains below 18750 then it could test 18650 and below that level it could test 18550.

Instead, if Bank Nifty trades above 18750, then it could test 18850.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 January 2015

Reliance

Today, 870 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 880. Trade short below 870 for a target of 850.

Positional Trading call - 5 January 2015

5/1/2015, 1.20 PM - Sell Nifty Futures at 8435. Stop 8480. Target 8350.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 5 January 2015

Today, 8440 is the crucial intraday level for Nifty.

If Nifty sustains below 8440, then it could test 8400 and below that level it could test 8350.

Instead, if Nifty trades above 8440, then it could test 8500.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 5 January 2015

Today, 8490 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8490, then it could test 8440 and below that level it could test 8390. 

Instead, if Nifty futures trades above 8490, then it could test 8540.

Sensex - Technical Outlook and Trading Levels, 5 January 2015

Today, 28000 is the crucial intraday level for Sensex.

If Sensex sustains below 28000, then it could test 27900 and below that level it could test 27800.

Instead, if Sensex trades above 28000, then it could test 28100.

Technical View of Cnx IT & Bank Nifty, 5 January 2015

Bank Nifty Intraday levels and trading tips

Today, 19200 is crucial for Intraday.

If Bank Nifty sustains below 19200 then it could test 19050 and below that level it could test 18950.

Instead, if Bank Nifty trades above 19200, then it could test 19350.