Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 November 2010

Reliance

Today, 1085 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1085 is crucial for short term. Positional Traders, trade long above 1085, for a target of 1105. Trade short below 1085 for a target of 1035.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 3 November 2010

Today, 6140 is the crucial intraday level for Nifty.

If Nifty sustains below 6140, then it could test 6075 and below that level it could test 6040.
Instead, if Nifty trades above 6140, then it could test 6190.