Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 March

Reliance

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1065 is crucial for short term. Positional Traders, trade long above 1090, for a target of 1130. Trade short below 1090 for a target of 1030.

Nifty - Technical Outlook and Intraday Trading Levels, 17 March

Today, 5180 is the crucial intraday level for Nifty.

If Nifty sustains below 5180, then it could test 5150.

Instead, if Nifty trades above 5180, then it could test 5260.

Short term Technical View of Nifty

For the short term, the level 5180 is crucial. If it sustains below this level, then it is likely to test 5000. Instead, if it trades above 5180, then it is likely to test 5350.