Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 December 2017

Reliance

Today, 930 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional long trades can be initiated above 930 for a target of 950. Trade short below 930 for a target of 920.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 15 November 2017

Today, 10330 is the crucial intraday level for Nifty.

If Nifty sustains below 10330, then it could test 10300 and below that level it could test 10180.

Instead, if Nifty trades above 10330, then it could test 10390.