Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 January 2011

Reliance

Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930, for a target of 950. Trade short below 930 for a target of 880.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 28 January 2011

Today, 5625 is the crucial intraday level for Nifty.

If Nifty sustains below 5625, then it could test 5550 and below that level it could test 5450.
Instead, if Nifty trades above 5625, then it could test 5685.