Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 December 2012

Reliance

Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 845. Trade short below 830 for a target of 805.

SBI

Today, 2345 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2345 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, 1325 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1325 is crucial for short term. Positional Traders, trade long above 1325 for a target of 1345. Trade short below 1325 for a target of 1280.

Icici Bank

Today, 1130 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1130 is crucial for short term. Positional Traders, trade long above 1130 for a target of 1145. Trade short below 1130 for a target of 1085.

Tata Steel

Today, 435 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 435 is crucial for short term. Positional Traders, trade long above 435 for a target of 445. Trade short below 435 for a target of 400.