Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 September 2010

Reliance

Today, 1045 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1045 is crucial for short term. Positional Traders, trade long above 1045, for a target of 1075. Trade short below 1045 for a target of 1010.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 September 2010

Today, 6010 is the crucial intraday level for Nifty.

If Nifty sustains below 6010, then it could test 5970 and below that level it could test 5910.

Instead, if Nifty trades above 6010, then it could test 6030.