Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 04 December 2017

Reliance

Today, 905 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 905 is crucial for short term. Positional long trades can be initiated above 905 for a target of 925. Trade short below 905 for a target of 900.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 01 November 2017

Today, 10265 is the crucial intraday level for Nifty.

If Nifty sustains below 10265, then it could test 10220 and below that level it could test 10150.

Instead, if Nifty trades above 10265, then it could test 10310.