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

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 835. Trade short below 825 for a target of 790.

SBI

Today, 2400 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2400 is crucial for short term. Positional Traders, trade long above 2400, for a target of 2430. Trade short below 2400 for a target of 2300.

Axis Bank

Today, 1530 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1530 is crucial for short term. Positional Traders, trade long above 1530 for a target of 1550. Trade short below 1530 for a target of 1410.

Icici Bank

Today, 1200 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1200 is crucial for short term. Positional Traders, trade long above 1200 for a target of 1230. Trade short below 1200 for a target of 1140.

Tata Steel

Today, 315 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 315 is crucial for short term. Positional Traders, trade long above 315 for a target of 325. Trade short below 315 for a target of 290.