Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 April 2011

Reliance

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1060. Trade short below 1030 for a target of 990.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 15 April 2011

Today, 5930 is the crucial intraday level for Nifty.

If Nifty sustains below 5930, then it could test 5870 and below that level it could test 5840.
Instead, if Nifty trades above 5930, then it could test 5970.