Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 October 2015

Reliance

Today, 975 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 957 is crucial for short term. Positional Traders, trade long above 975 for a target of 990. Trade short below 975 for a target of 945.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 03 November 2015

Today, 8095 is the crucial intraday level for Nifty.

If Nifty sustains below 8095, then it could test 8070 and below that level it could test 8040.

Instead, if Nifty trades above 8095, then it could test 8140.