Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 April 2013

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 820. Trade short below 800 for a target of 755.

SBI

Today, 2160 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2160 is crucial for short term. Positional Traders, trade long above 2160, for a target of 2220. Trade short below 2160 for a target of 2020.

Axis Bank

Today, 1310 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1310 is crucial for short term. Positional Traders, trade long above 1310 for a target of 1340. Trade short below 1310 for a target of 1250.

Icici Bank

Today, 1070 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070 for a target of 1090. Trade short below 1070 for a target of 1010.

Tata Steel

Today, 300 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 300 is crucial for short term. Positional Traders, trade long above 300 for a target of 310. Trade short below 300 for a target of 285.