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

Reliance

Today, 695 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 695 is crucial for short term. Positional Traders, trade long above 695 for a target of 715. Trade short below 695 for a target of 660.

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

Today, 4825 is the crucial intraday level for Nifty.

If Nifty sustains below 4825, then it could test 4750 and below that level it could test 4700.
Instead, if Nifty trades above 4825 then it could test 4855.