Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 November 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 955. Trade short below 940 for a target of 910

Nifty Technical Outlook, Positional & Intraday Trading Levels, 20 November 2015

Today, 7860 is the crucial intraday level for Nifty.

If Nifty sustains below 7860, then it could test 7810 and below that level it could test 7780.

Instead, if Nifty trades above 7860, then it could test 7910.