Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 09 October 2017

Reliance

Today, 841 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 841 is crucial for short term. Positional Traders, trade long above 841 for a target of 860. Trade short below 841 for a target of 815.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 06 October 2017

Today, 9950 is the crucial intraday level for Nifty.

If Nifty sustains below 9950, then it could test 9905 and below that level it could test 9850.

Instead, if Nifty trades above 9950, then it could test 9990.