Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 August 2013

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 835. Trade short below 800 for a target of 770.

SBI

Today, 1485 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1485 is crucial for short term. Positional Traders, trade long above 1485 for a target of 1525. Trade short below 1485 for a target of 1440.

Axis Bank

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 870. Trade short below 820 for a target of 770.

Icici Bank

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 820. Trade short below 790 for a target of 760.

Tata Steel

Today, 277 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 277 is crucial for short term. Positional Traders, trade long above 277 for a target of 290. Trade short below 277 for a target of 245.