Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 31 January 2014

Reliance

Today, 820 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 860. Trade short below 820 for a target of 800.

SBI

Today, 1550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1550 is crucial for short term. Positional Traders, trade long above 1550 for a target of 1630. Trade short below 1550 for a target of 1500.

Axis Bank

Today, 1130 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1130 is crucial for short term. Positional Traders, trade long above 1130 for a target of 1150. Trade short below 1130 for a target of 1095.

Icici Bank

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990 for a target of 1010. Trade short below 990 for a target of 940.

Tata Steel

Today, 360 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 360 is crucial for short term. Positional Traders, trade long above 360 for a target of 375 Trade short below 360 for a target of 340.