Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 October 2010

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1025 for a target of 990.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 1 October 2010

Today, 6040 is the crucial intraday level for Nifty.

If Nifty sustains below 6040, then it could test 5990.
Instead, if Nifty trades above 6040, then it could test 6100.