Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 February 2012

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 845. Trade short below 825 for a target of 795.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 1 February 2012

Today, 5165 is the crucial intraday level for Nifty.

If Nifty sustains below 5165, then it could test 5110 and below that level it could test 5060.
Instead, if Nifty trades above 5165 then it could test 5190.