Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 December 2012

Reliance

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 850. Trade short below 835 for a target of 805.

SBI

Today, 2410 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2410 is crucial for short term. Positional Traders, trade long above 2410, for a target of 2450. Trade short below 2410 for a target of 2200.

Axis Bank

Today, 1368 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1368 is crucial for short term. Positional Traders, trade long above 1368 for a target of 1380. Trade short below 1368 for a target of 1340.

Icici Bank

Today, 1150 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1150 is crucial for short term. Positional Traders, trade long above 1150 for a target of 1170. Trade short below 1150 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.