Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 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, 2355 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2355 is crucial for short term. Positional Traders, trade long above 2355, for a target of 2400. Trade short below 2355 for a target of 2200.

Axis Bank

Today, 1345 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1345 is crucial for short term. Positional Traders, trade long above 1365 for a target of 1365. Trade short below 1345 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, 427 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 427 is crucial for short term. Positional Traders, trade long above 427 for a target of 440. Trade short below 427 for a target of 400.