Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 March 2013

Reliance

Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 885. Trade short below 865 for a target of 815.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 14 March 2013

Today, 5865 is the crucial intraday level for Nifty.

If Nifty sustains below 5865 then it could test 5820 and below that level it could test 5790.
Instead, if Nifty trades above 5865 then it could test 5880.