Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 April 2012

Reliance

Today, 740 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 740 is crucial for short term. Positional Traders, trade long above 740 for a target of 760. Trade short below 740 for a target of 680.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 23 April 2012

Today, 5310 is the crucial intraday level for Nifty.

If Nifty sustains below 5310, then it could test 5220 and below that level it could test 5150.
Instead, if Nifty trades above 5310 then it could test 5340.