Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 October 2010

Reliance

Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080, for a target of 1100. Trade short below 1080 for a target of 1050.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 13 October 2010

Today, 6115 is the crucial intraday level for Nifty.

If Nifty sustains below 6115, then it could test 6050 and below that level it could test 6000.
Instead, if Nifty trades above 6115, then it could test 6155.