Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 June 2013

Reliance

Today, 798 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 798 is crucial for short term. Positional Traders, trade long above 798 for a target of 810. Trade short below 798 for a target of 770.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 24 June 2013

Today, 5690 is the crucial intraday level for Nifty.

If Nifty sustains below 5650 then it could test 5610 and below that level it could test 5550.
Instead, if Nifty trades above 5690 then it could test 5750.