Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 07 March 2015

Reliance

Today, 840 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 880. Trade short below 840 for a target of 820.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 06 April 2015

Today, 8630 is the crucial intraday level for Nifty.

If Nifty sustains below 8630, then it could test 8550 and below that level it could test 8500.

Instead, if Nifty trades above 8630, then it could test 8750.