Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 October 2015

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 950. Trade short below 940 for a target of 925

Nifty Technical Outlook, Positional & Intraday Trading Levels, 16 November 2015

Today, 7780 is the crucial intraday level for Nifty.

If Nifty sustains below 7780, then it could test 7720 and below that level it could test 7680.

Instead, if Nifty trades above 7780, then it could test 7830.