Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 January 2012

Reliance

Today, 705 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 705 is crucial for short term. Positional Traders, trade long above 705 for a target of 715. Trade short below 705 for a target of 680.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 5 January 2012

Today, 4765 is the crucial intraday level for Nifty.

If Nifty sustains below 4765, then it could test 4710 and below that level it could test 4670.
Instead, if Nifty trades above 4765 then it could test 4820.