Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 September 2011

Reliance

Today, 775 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 775 is crucial for short term. Positional Traders, trade long above 775 for a target of 800. Trade short below 775 for a target of 740.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 1 September 2011

Today, 5020 is the crucial intraday level for Nifty.

If Nifty sustains below 5020, then it could test 4965 and below that level it could test 4900.
Instead, if Nifty trades above 5020 then it could test 5060.