Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 August 2013

Reliance

Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 850. Trade short below 830 for a target of 780.

SBI

Today, 1550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1550 is crucial for short term. Positional Traders, trade long above 1550 for a target of 1580. Trade short below 1550 for a target of 1450.

Axis Bank

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1020. Trade short below 1000 for a target of 950.

Icici Bank

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 790.

Tata Steel

Today, 250 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 250 is crucial for short term. Positional Traders, trade long above 250 for a target of 255. Trade short below 250 for a target of 230.