Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 July 2013

Reliance

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 870. Trade short below 910 for a target of 835.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 28 June 2013

Today, 5780 is the crucial intraday level for Nifty.

If Nifty sustains below 5780 then it could test 5750 and below that level it could test 5700.
Instead, if Nifty trades above 5780 then it could test 5820.