Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 January 2013

Reliance

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 880. Trade short below 860 for a target of 835.

SBI

Today, 2490 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2490 is crucial for short term. Positional Traders, trade long above 2490, for a target of 2520. Trade short below 2490 for a target of 2380.

Axis Bank

Today, 1385 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1385 is crucial for short term. Positional Traders, trade long above 1385 for a target of 1420. Trade short below 1385 for a target of 1345.

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 1190. Trade short below 1175 for a target of 1150.

Tata Steel

Today, 435 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 435 is crucial for short term. Positional Traders, trade long above 435 for a target of 445. Trade short below 435 for a target of 415.