Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 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, 2530 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2530 is crucial for short term. Positional Traders, trade long above 2530, for a target of 2560. Trade short below 2530 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 1400. Trade short below 1375 for a target of 1310.

Icici Bank

Today, 1190 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1190 is crucial for short term. Positional Traders, trade long above 1190 for a target of 1210. Trade short below 1190 for a target of 1150.

Tata Steel

Today, 430 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 430 is crucial for short term. Positional Traders, trade long above 430 for a target of 445. Trade short below 430 for a target of 410.