Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 February 2015

Reliance

Today, 855 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 885. Trade short below 855 for a target of 845.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 27 February 2015

Today, 8760 is the crucial intraday level for Nifty.

If Nifty sustains below 8760, then it could test 8720 and below that level it could test 8680.

Instead, if Nifty trades above 8760, then it could test 8800.