Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 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 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 2290. Trade short below 2240 for a target of 2100.

Axis Bank

Today, 1480 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1480 is crucial for short term. Positional Traders, trade long above 1480 for a target of 1500. Trade short below 1480 for a target of 1410.

Icici Bank

Today, 1155 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1155 is crucial for short term. Positional Traders, trade long above 1155 for a target of 1170. Trade short below 1155 for a target of 1085.

Tata Steel

Today, 325 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 325 is crucial for short term. Positional Traders, trade long above 325 for a target of 335. Trade short below 325 for a target of 305.