Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 July 2014

Reliance

Today, 980 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 995. Trade short below 980 for a target of 950.

SBI

Today, 2540 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2540 is crucial for short term. Positional Traders, trade long above 2540 for a target of 2600. Trade short below 2540 for a target of 2400.

Axis Bank

Today, 1910 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1910 is crucial for short term. Positional Traders, trade long above 1910 for a target of 1940. Trade short below 1910 for a target of 1800.

Icici Bank

Today, 1405 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1405 is crucial for short term. Positional Traders, trade long above 1405 for a target of 1440. Trade short below 1405 for a target of 1340.

Tata Steel

Today, 530 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 530 is crucial for short term. Positional Traders, trade long above 530 for a target of 538. Trade short below 530 for a target of 490.