Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 August 2013

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 885. Trade short below 870 for a target of 835.

SBI

Today, 1640 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1640 is crucial for short term. Positional Traders, trade long above 1640 for a target of 1690. Trade short below 1640 for a target of 1500.

Axis Bank

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1100 is crucial for short term. Positional Traders, trade long above 1100 for a target of 1130. Trade short below 1100 for a target of 1010.

Icici Bank

Today, 890 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 905. Trade short below 890 for a target of 830.

Tata Steel

Today, 230 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 230 is crucial for short term. Positional Traders, trade long above 230 for a target of 245. Trade short below 230 for a target of 210.