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

Reliance

Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 860. Trade short below 830 for a target of 800.

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

Today, 5555 is the crucial intraday level for Nifty.

If Nifty sustains below 5555, then it could test 5470 and below that level it could test 5400.
Instead, if Nifty trades above 5555, then it could test 5600.