Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 December 2013

Reliance

Today, 870 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 850.

SBI

Today, 1730 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1730 is crucial for short term. Positional Traders, trade long above 1730 for a target of 1780. Trade short below 1730 for a target of 1650.

Axis Bank

Today, 1250 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1250 is crucial for short term. Positional Traders, trade long above 1250 for a target of 1270. Trade short below 1250 for a target of 1190.

Icici 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 1070.

Tata Steel

Today, 415 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 415 is crucial for short term. Positional Traders, trade long above 415 for a target of 425. Trade short below 415 for a target of 390.