Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 August 2013

Reliance

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 860. Trade short below 850 for a target of 815.

SBI

Today, 1660 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1660 is crucial for short term. Positional Traders, trade long above 1660 for a target of 1700. Trade short below 1660 for a target of 1560.

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 1065.

Icici Bank

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 890. Trade short below 870 for a target of 830.

Tata Steel

Today, 200 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 200 is crucial for short term. Positional Traders, trade long above 200 for a target of 205. Trade short below 200 for a target of 185.