Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 January 2013

Reliance

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 930. Trade short below 900 for a target of 865.

SBI

Today, 2520 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2520 is crucial for short term. Positional Traders, trade long above 2520, for a target of 2550. Trade short below 2520 for a target of 2380.

Axis Bank

Today, 1395 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1395 is crucial for short term. Positional Traders, trade long above 1395 for a target of 1420. Trade short below 1395 for a target of 1345.

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 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.