Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 June 2011

Reliance

Today, 885 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 885 is crucial for short term. Positional Traders, trade long above 885 for a target of 920. Trade short below 885 for a target of 850.

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

Today, 5520 is the crucial intraday level for Nifty.

If Nifty sustains below 5520, then it could test 5470 and below that level it could test 5430.
Instead, if Nifty trades above 5520, then it could test 5570.