Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 January 2013

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 890. Trade short below 870 for a target of 845.

SBI

Today, 2475 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2475 is crucial for short term. Positional Traders, trade long above 2475, for a target of 2520. Trade short below 2475 for a target of 2380.

Axis Bank

Today, 1430 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1430 is crucial for short term. Positional Traders, trade long above 1430 for a target of 1450. Trade short below 1430 for a target of 1370.

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.