Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 June 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 820. Trade short below 805 for a target of 760.

SBI

Today, 2040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2040 is crucial for short term. Positional Traders, trade long above 2030, for a target of 2075. Trade short below 2030 for a target of 1950.

Axis Bank

Today, 1430 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1430 is crucial for short term. Positional Traders, trade long above 1430 for a target of 1450. Trade short below 1430 for a target of 1320.

Icici Bank

Today, 1165 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1165 is crucial for short term. Positional Traders, trade long above 1165 for a target of 1185. Trade short below 1165 for a target of 1070.

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 305. Trade short below 300 for a target of 280.