Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 2 May 2014

Reliance

Today, 930 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930 for a target of 965. Trade short below 930 for a target of 920.

SBI

Today, 2050 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2050 is crucial for short term. Positional Traders, trade long above 2050 for a target of 2120. Trade short below 2050 for a target of 2000.

Axis Bank

Today, 1500 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1500 is crucial for short term. Positional Traders, trade long above 1500 for a target of 1560. Trade short below 1500 for a target of 1480.

Icici Bank

Today, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260 for a target of 1305. Trade short below 1260 for a target of 1240.

Tata Steel

Today, 390 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 390 is crucial for short term. Positional Traders, trade long above 390 for a target of 420. Trade short below 390 for a target of 380.