Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 02 February 2015

Reliance

Today, 910 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 935. Trade short below 910 for a target of 890.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 30 January 2015

Today, 8950 is the crucial intraday level for Nifty.

If Nifty sustains below 8950, then it could test 8900 and below that level it could test 8850.

Instead, if Nifty trades above 8950, then it could test 9000.