Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 9 January 2014

Reliance

Today, 840 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 870. Trade short below 840 for a target of 820.

SBI

Today, 1680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1680 is crucial for short term. Positional Traders, trade long above 1680 for a target of 1740. Trade short below 1680 for a target of 1650.

Axis Bank

Today, 1205 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1205 is crucial for short term. Positional Traders, trade long above 1205 for a target of 1280. Trade short below 1205 for a target of 1180.

Icici Bank

Today, 1065 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1065 is crucial for short term. Positional Traders, trade long above 1065 for a target of 1090. Trade short below 1065 for a target of 1040.

Tata Steel

Today, 390 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 390 is crucial for short term. Positional Traders, trade long above 390 for a target of 415 Trade short below 390 for a target of 380.