Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 July 2011

Reliance

Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 895. Trade short below 880 for a target of 850.

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

Today, 5600 is the crucial intraday level for Nifty.

If Nifty sustains below 5600, then it could test 5540 and below that level it could test 5480.
Instead, if Nifty trades above 5600, then it could test 5630.