Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 July 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1020. Trade short below 1005 for a target of 970.

SBI

Today, 2550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2550 is crucial for short term. Positional Traders, trade long above 2550 for a target of 2620. Trade short below 2550 for a target of 2420.

Axis Bank

Today, 2040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2040 is crucial for short term. Positional Traders, trade long above 2040 for a target of 2060. Trade short below 2040 for a target of 1980.

Icici Bank

Today, 1495 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1495 is crucial for short term. Positional Traders, trade long above 1495 for a target of 1510. Trade short below 1495 for a target of 1430.

Tata Steel

Today, 570 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 570 is crucial for short term. Positional Traders, trade long above 570 for a target of 580. Trade short below 570 for a target of 530.