Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 11 February 2015

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 915. Trade short below 890 for a target of 875.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 10 February 2015

Today, 8610 is the crucial intraday level for Nifty.

If Nifty sustains below 8610, then it could test 8460 and below that level it could test 8400.

Instead, if Nifty trades above 8610, then it could test 8660.