Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 May

Reliance

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1100. Trade short below 1040 for a target of 970.

SBI

Today, 2280 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2280 is crucial for short term. Positional Traders, trade long above 2280, for a target of 2350. Trade short below 2280 for a target of 2210.

Axis Bank

Today, 1220 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1220 is crucial for short term. Positional Traders, trade long above 1220, for a target of 1300. Trade short below 1220 for a target of 1170.

Icici Bank

Today, 940 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 890 is crucial for short term. Positional Traders, trade long above 890, for a target of 940. Trade short below 890 for a target of 850.

Tata Steel

Today, 610 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 610 is crucial for short term. Positional Traders, trade long above 610, for a target of 650. Trade short below 610 for a target of 580.