Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 November 2012

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 830. Trade short below 800 for a target of 770.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 6 November 2012

Today, 5695 is the crucial intraday level for Nifty.

If Nifty sustains below 5695, then it could test 5670 and below that level it could test 5650.
Instead, if Nifty trades above 5695, then it could test 5730.