Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 1 February

Reliance

Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1080. Trade short below 1050 for a target of 940.

SBI

Today, 2050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2050 is crucial for short term. Positional Traders, trade long above 2050, for a target of 2130. Trade short below 2050 for a target of 1950.

Axis Bank

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1030 is crucial for short term. Positional Traders, trade long above 1020, for a target of 1080. Trade short below 1030 for a target of 950.

Icici Bank

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 820 is crucial for short term. Positional Traders, trade long above 820, for a target of 850. Trade short below 820 for a target of 760.

Tata Steel

Today, 590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 590 is crucial for short term. Positional Traders, trade long above 590, for a target of 635. Trade short below 590 for a target of 540.