Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 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, 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, 1370 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1370 is crucial for short term. Positional Traders, trade long above 1370 for a target of 1400. Trade short below 1370 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, 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.