Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 13 October 2017

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 890. Trade short below 860 for a target of 845.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 12 October 2017

Today, 10050 is the crucial intraday level for Nifty.

If Nifty sustains below 10050, then it could test 10000 and below that level it could test 9950.

Instead, if Nifty trades above 10050, then it could test 10090.