Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 July 2013

Reliance

Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 925. Trade short below 915 for a target of 885.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 22 July 2013

Today, 6045 is the crucial intraday level for Nifty.

If Nifty sustains below 6045 then it could test 6000 and below that level it could test 5950.
Instead, if Nifty trades above 6045 then it could test 6070.