Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 30 January 2015

Reliance

Today, 935 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 955. Trade short below 935 for a target of 910.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 29 January 2015

Today, 8900 is the crucial intraday level for Nifty.

If Nifty sustains below 8900, then it could test 8840 and below that level it could test 8760.

Instead, if Nifty trades above 8900, then it could test 8960.