Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 10 March 2014

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 900. Trade short below 875 for a target of 850.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 7 March 2014

Today, 6415 is the crucial intraday level for Nifty.

If Nifty sustains below 6360, then it could test 6350 and below that level it could test 6310.
Instead, if Nifty trades above 6415, then it could test 6470.