Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 September 2013

Reliance

Today, 895 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 910. Trade short below 895 for a target of 875.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 19 September 2013

Today, 5950 is the crucial intraday level for Nifty.

If Nifty sustains below 5950, then it could test 5905 and below that level it could test 5850.
Instead, if Nifty trades above 5950, then it could test 6050.