Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 December 2012

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 850. Trade short below 840 for a target of 805.

SBI

Today, 2340 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2340 is crucial for short term. Positional Traders, trade long above 2340, for a target of 2370. Trade short below 2340 for a target of 2200.

Axis Bank

Today, 1340 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1340 is crucial for short term. Positional Traders, trade long above 1340 for a target of 1360. Trade short below 1340 for a target of 1310.

Icici Bank

Today, 1145 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1145 is crucial for short term. Positional Traders, trade long above 1145 for a target of 1160. Trade short below 1145 for a target of 1070.

Tata Steel

Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 405 is crucial for short term. Positional Traders, trade long above 405 for a target of 415. Trade short below 405 for a target of 380.