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

Reliance

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

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 940. Trade short below 880 for a target of 865.

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

Today, 8130 is the crucial intraday level for Nifty.

If Nifty sustains below 8130, then it could test 8100 and below that level it could test 8050.

Instead, if Nifty trades above 8130, then it could test 8200.