Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 May

Reliance

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000, for a target of 1040. Trade short below 1100 for a target of 960.

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 2320. Trade short below 2280 for a target of 2210.

Axis Bank

Today, 1250 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1250 is crucial for short term. Positional Traders, trade long above 1250, for a target of 1280. Trade short below 1250 for a target of 1200.

Icici Bank

Today, 910 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 910 is crucial for short term. Positional Traders, trade long above 910, for a target of 940. Trade short below 910 for a target of 880.

Tata Steel

Today, 550 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 550 is crucial for short term. Positional Traders, trade long above 550, for a target of 575. Trade short below 550 for a target of 520.