Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 May 2014

Reliance

Today, 1000 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1050. Trade short below 1000 for a target of 980.

SBI

Today, 2190 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2190 is crucial for short term. Positional Traders, trade long above 2190 for a target of 2300. Trade short below 2190 for a target of 2120.

Axis Bank

Today, 1680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1680 is crucial for short term. Positional Traders, trade long above 1680 for a target of 1800. Trade short below 1680 for a target of 1600.

Icici Bank

Today, 1400 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1400 is crucial for short term. Positional Traders, trade long above 1400 for a target of 1500. Trade short below 1400 for a target of 1350.

Tata Steel

Today, 420 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 420 is crucial for short term. Positional Traders, trade long above 420 for a target of 435. Trade short below 420 for a target of 405.