Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 January 2014

Reliance

Today, 855 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 880. Trade short below 855 for a target of 845.

SBI

Today, 1710 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1710 is crucial for short term. Positional Traders, trade long above 1710 for a target of 1770. Trade short below 1710 for a target of 1690.

Axis Bank

Today, 1240 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1240 is crucial for short term. Positional Traders, trade long above 1240 for a target of 1280. Trade short below 1240 for a target of 1220.

Icici Bank

Today, 1045 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1045 is crucial for short term. Positional Traders, trade long above 1045 for a target of 1080. Trade short below 1045 for a target of 1030.

Tata Steel

Today, 409 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 409 is crucial for short term. Positional Traders, trade long above 409 for a target of 420 Trade short below 409 for a target of 400.