Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 December 2012

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 860. Trade short below 840 for a target of 805.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 12 December 2012

Today, 5925 is the crucial intraday level for Nifty.

If Nifty sustains below 5925, then it could test 5865 and below that level it could test 5800.
Instead, if Nifty trades above 5925, then it could test 5950.