Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 15 October 2015

Reliance

Today, 905 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 905 is crucial for short term. Positional Traders, trade long above 905 for a target of 915. Trade short below 905 for a target of 875.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 14 October 2015

Today, 8150 is the crucial intraday level for Nifty.

If Nifty sustains below 8150, then it could test 8080 and below that level it could test 8020.

Instead, if Nifty trades above 8150, then it could test 8200.