Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 May 2012

Reliance

Today, 690 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 690 is crucial for short term. Positional Traders, trade long above 690 for a target of 730. Trade short below 690 for a target of 660.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 14 May 2012

Today, 4965 is the crucial intraday level for Nifty.

If Nifty sustains below 4965, then it could test 4900 and below that level it could test 4800.
Instead, if Nifty trades above 4965 then it could test 5000.