Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 November 2010

Reliance

Today, 1105 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1105 is crucial for short term. Positional Traders, trade long above 1105, for a target of 1125. Trade short below 1105 for a target of 1050.

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

Today, 6075 is the crucial intraday level for Nifty.

If Nifty sustains below 6075, then it could test 6040 and below that level it could test 5940.
Instead, if Nifty trades above 6075, then it could test 6140.