Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 August 2012

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 830. Trade short below 810 for a target of 780.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 August 2012

Today, 5380 is the crucial intraday level for Nifty.

If Nifty sustains below 5380, then it could test 5325 and below that level it could test 5290.
Instead, if Nifty trades above 5380 then it could test 5400.