Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 February 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 920. Trade short below 900 for a target of 870.

SBI

Today, 2390 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2390 is crucial for short term. Positional Traders, trade long above 2390, for a target of 2430. Trade short below 2390 for a target of 2280.

Axis Bank

Today, 1490 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1490 is crucial for short term. Positional Traders, trade long above 1490 for a target of 1530. Trade short below 1490 for a target of 1410.

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

The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 410. Trade short below 400 for a target of 385.