Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 January 2014

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 860 for a target of 895. Trade short below 860 for a target of 850.

SBI

Today, 1650 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1650 is crucial for short term. Positional Traders, trade long above 1650 for a target of 1710. Trade short below 1650 for a target of 1630.

Axis Bank

Today, 1180 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1180 is crucial for short term. Positional Traders, trade long above 1180 for a target of 1230. Trade short below 1180 for a target of 1160.

Icici Bank

Today, 1070 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070 for a target of 1100. Trade short below 1070 for a target of 1050.

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 400 Trade short below 380 for a target of 370.