Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 31 July 2014

Reliance

Today, 1015 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1015 is crucial for short term. Positional Traders, trade long above 1015 for a target of 1035. Trade short below 1015 for a target of 980.

SBI

Today, 2470 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2470 is crucial for short term. Positional Traders, trade long above 2470 for a target of 2520. Trade short below 2470 for a target of 2420.

Axis Bank

Today, 400 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 405. Trade short below 400 for a target of 380.

Icici 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 1520. Trade short below 1500 for a target of 1430.

Tata Steel

Today, 550 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 550 is crucial for short term. Positional Traders, trade long above 550 for a target of 560. Trade short below 550 for a target of 530.