Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 February 2012

Reliance

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 865. Trade short below 850 for a target of 795.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 7 February 2012

Today, 5415 is the crucial intraday level for Nifty.

If Nifty sustains below 5415, then it could test 5340 and below that level it could test 5280.
Instead, if Nifty trades above 5415 then it could test 5450.