Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 February 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 970. Trade short below 935 for a target of 910.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 03 February 2015

Today, 8850 is the crucial intraday level for Nifty.

If Nifty sustains below 8850, then it could test 8750 and below that level it could test 8680.

Instead, if Nifty trades above 8850, then it could test 8950.