Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 01 June 2015

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 910. Trade short below 875 for a target of 870.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 28 May 2015

Today, 8370 is the crucial intraday level for Nifty.

If Nifty sustains below 8370, then it could test 8310 and below that level it could test 8280.

Instead, if Nifty trades above 8370, then it could test 8470.