Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 September 2015

Reliance

Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 870. Trade short below 850 for a target of 820.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 29 September 2015

Today, 7850 is the crucial intraday level for Nifty.

If Nifty sustains below 7850, then it could test 7730 and below that level it could test 7600.

Instead, if Nifty trades above 7850, then it could test 7900.