Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 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 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 900. Trade short below 860 for a target of 840.

SBI

Today, 1585 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1585 is crucial for short term. Positional Traders, trade long above 1585 for a target of 1680. Trade short below 1585 for a target of 1530.

Axis Bank

Today, 1185 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1185 is crucial for short term. Positional Traders, trade long above 1185 for a target of 1230. Trade short below 1185 for a target of 1140.

Icici Bank

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1100. Trade short below 1040 for a target of 1080.

Tata Steel

Today, 370 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 370 is crucial for short term. Positional Traders, trade long above 370 for a target of 400 Trade short below 370 for a target of 350.