Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 January 2011

Reliance

Today, 950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950, for a target of 990. Trade short below 950 for a target of 910.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 25 January 2011

Today, 5775 is the crucial intraday level for Nifty.

If Nifty sustains below 5775, then it could test 5735 and below that level it could test 5650.
Instead, if Nifty trades above 5775, then it could test 5850.