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

Reliance

Today, 950 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950 for a target of 970. Trade short below 950 for a target of 910.

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

Today, 8190 is the crucial intraday level for Nifty.

If Nifty sustains below 8190, then it could test 8110 and below that level it could test 8080.

Instead, if Nifty trades above 8190, then it could test 8220.