Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 November 2011

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 815. Trade short below 800 for a target of 750.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 November 2011

Today, 4825 is the crucial intraday level for Nifty.

If Nifty sustains below 4825, then it could test 4790 and below that level it could test 4720.
Instead, if Nifty trades above 4825 then it could test 4890.