Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 January 2014

Reliance

Today, 880 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 910. Trade short below 880 for a target of 870.

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 1730. Trade short below 1660 for a target of 1625.

Axis Bank

Today, 1190 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1190 is crucial for short term. Positional Traders, trade long above 1190 for a target of 1230. Trade short below 1190 for a target of 1170.

Icici Bank

Today, 1075 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1075 is crucial for short term. Positional Traders, trade long above 1075 for a target of 1095. Trade short below 1075 for a target of 1055.

Tata Steel

Today, 380 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 380 is crucial for short term. Positional Traders, trade long above 380 for a target of 410 Trade short below 380 for a target of 370.