Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 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, 2240 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2240 is crucial for short term. Positional Traders, trade long above 2240, for a target of 2280. Trade short below 2240 for a target of 2200.

Axis Bank

Today, 1185 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1185 is crucial for short term. Positional Traders, trade long above 1185, for a target of 1220. Trade short below 1185 for a target of 1130.

Icici Bank

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 850 is crucial for short term. Positional Traders, trade long above 850, for a target of 880. Trade short below 850 for a target of 780.

Tata Steel

Today, 520 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 520 is crucial for short term. Positional Traders, trade long above 520, for a target of 550. Trade short below 520 for a target of 480.