Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 May 2013

Reliance

Today, 845 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845 for a target of 855. Trade short below 845 for a target of 800.

SBI

Today, 2425 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2425 is crucial for short term. Positional Traders, trade long above 2425, for a target of 2450. Trade short below 2425 for a target of 2300.

Axis Bank

Today, 1540 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1540 is crucial for short term. Positional Traders, trade long above 1540 for a target of 1550. Trade short below 1540 for a target of 1410.

Icici Bank

Today, 1210 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1210 is crucial for short term. Positional Traders, trade long above 1210 for a target of 1230. Trade short below 1210 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.