Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 November 2017

Reliance

Today, 895 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional long trades can be initiated above 895 for a target of 925. Trade short below 895 for a target of 880.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 16 November 2017

Today, 10175 is the crucial intraday level for Nifty.

If Nifty sustains below 10175, then it could test 10130 and below that level it could test 10100.

Instead, if Nifty trades above 10175, then it could test 10250.