Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 January 2013

Reliance

Today, 895 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 910. Trade short below 895 for a target of 865.

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 2520. Trade short below 2500 for a target of 2380.

Axis Bank

Today, 1420 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1420 is crucial for short term. Positional Traders, trade long above 1420 for a target of 1450. Trade short below 1420 for a target of 1370.

Icici Bank

Today, 1175 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1175 is crucial for short term. Positional Traders, trade long above 1175 for a target of 1185. Trade short below 1175 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 430. Trade short below 420 for a target of 400.