Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 January 2013

Reliance

Today, 847 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 847 is crucial for short term. Positional Traders, trade long above 847 for a target of 865. Trade short below 847 for a target of 825.

SBI

Today, 2500 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2500 is crucial for short term. Positional Traders, trade long above 2500, for a target of 2530. Trade short below 2500 for a target of 2380.

Axis Bank

Today, 1375 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1375 is crucial for short term. Positional Traders, trade long above 1375 for a target of 1390. Trade short below 1375 for a target of 1310.

Icici Bank

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

The level 1185 is crucial for short term. Positional Traders, trade long above 1185 for a target of 1210. Trade short below 1185 for a target of 1130.

Tata Steel

Today, 420 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 420 is crucial for short term. Positional Traders, trade long above 420 for a target of 425. Trade short below 420 for a target of 400.