Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 May 2013

Reliance

Today, 805 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 805 is crucial for short term. Positional Traders, trade long above 805 for a target of 815. Trade short below 805 for a target of 760.

SBI

Today, 2240 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2240 is crucial for short term. Positional Traders, trade long above 2240, for a target of 2300. Trade short below 2240 for a target of 2100.

Axis Bank

Today, 1500 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1500 is crucial for short term. Positional Traders, trade long above 1500 for a target of 1530. Trade short below 1500 for a target of 1410.

Icici Bank

Today, 1140 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1140 is crucial for short term. Positional Traders, trade long above 1140 for a target of 1170. Trade short below 1140 for a target of 1085.

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.