Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 09 March 2015

Reliance

Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 848 is crucial for short term. Positional Traders, trade long above 880 for a target of 920. Trade short below 880 for a target of 850.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 08 April 2015

Today, 8725 is the crucial intraday level for Nifty.

If Nifty sustains below 8725, then it could test 8650 and below that level it could test 8600.

Instead, if Nifty trades above 8725, then it could test 8800.