Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 November 2010

Reliance

Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1120 is crucial for short term. Positional Traders, trade long above 1120, for a target of 1150. Trade short below 1120 for a target of 1070.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 11 November 2010

Today, 6270 is the crucial intraday level for Nifty.

If Nifty sustains below 6270, then it could test 6230 and below that level it could test 6170.
Instead, if Nifty trades above 6270, then it could test 6310.