Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 April 2011

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 1020. Trade short below 995 for a target of 960.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 27 April 2011

Today, 5860 is the crucial intraday level for Nifty.

If Nifty sustains below 5860, then it could test 5820 and below that level it could test 5780.
Instead, if Nifty trades above 5860, then it could test 5900.