Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 December 2013

Reliance

Today, 850 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 870. Trade short below 850 for a target of 840.

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 1280. Trade short below 1250 for a target of 1190.

Icici Bank

Today, 1110 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1110 is crucial for short term. Positional Traders, trade long above 1110 for a target of 1135. Trade short below 1110 for a target of 1060.

Tata Steel

Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 405 is crucial for short term. Positional Traders, trade long above 405 for a target of 420. Trade short below 405 for a target of 390.