Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 November 2010

Reliance

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1005. Trade short below 980 for a target of 930.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 24 November 2010

Today, 5960 is the crucial intraday level for Nifty.

If Nifty sustains below 5960, then it could test 5900 and below that level it could test 5800.
Instead, if Nifty trades above 5960, then it could test 6030.