Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 November 2017

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional long trades can be initiated above 940 for a target of 960. Trade short below 940 for a target of 925.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 29 November 2017

Today, 10400 is the crucial intraday level for Nifty.

If Nifty sustains below 10400, then it could test 10350 and below that level it could test 10335.

Instead, if Nifty trades above 10400, then it could test 10460.