Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 9 May 2014

Reliance

Today, 970 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 1000. Trade short below 970 for a target of 955.

SBI

Today, 2115 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2115 is crucial for short term. Positional Traders, trade long above 2115 for a target of 2150. Trade short below 2115 for a target of 2070.

Axis Bank

Today, 1565 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1565 is crucial for short term. Positional Traders, trade long above 1565 for a target of 1600. Trade short below 1565 for a target of 1535.

Icici Bank

Today, 1280 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1280 is crucial for short term. Positional Traders, trade long above 1280 for a target of 1320. Trade short below 1280 for a target of 1250.

Tata Steel

Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 405 is crucial for short term. Positional Traders, trade long above 405 for a target of 420. Trade short below 405 for a target of 395.