Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 31 October 2017

Reliance

Today, 945 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 945 is crucial for short term. Positional long trades can be initiated above 945 for a target of 960. Trade short below 945 for a target of 930.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 30 October 2017

Today, 10360 is the crucial intraday level for Nifty.

If Nifty sustains below 10360, then it could test 10340 and below that level it could test 10325.

Instead, if Nifty trades above 10360, then it could test 10450.