Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 February 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 840. Trade short below 820 for a target of 800.

SBI

Today, 1530 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1530 is crucial for short term. Positional Traders, trade long above 1530 for a target of 1580. Trade short below 1530 for a target of 1500.

Axis Bank

Today, 1135 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1135 is crucial for short term. Positional Traders, trade long above 1135 for a target of 1200. Trade short below 1135 for a target of 1110.

Icici Bank

Today, 975 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 975 is crucial for short term. Positional Traders, trade long above 975 for a target of 1005. Trade short below 975 for a target of 955.

Tata Steel

Today, 365 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 365 is crucial for short term. Positional Traders, trade long above 365 for a target of 375 Trade short below 365 for a target of 350.