Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 4 August 2014

Reliance

Today, 990 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990 for a target of 1005. Trade short below 990 for a target of 970.

SBI

Today, 2490 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2490 is crucial for short term. Positional Traders, trade long above 2490 for a target of 2560. Trade short below 2490 for a target of 2390.

Axis Bank

Today, 397 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 397 is crucial for short term. Positional Traders, trade long above 397 for a target of 410. Trade short below 397 for a target of 365.

Icici Bank

Today, 1505 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1505 is crucial for short term. Positional Traders, trade long above 1505 for a target of 1520. Trade short below 1505 for a target of 1400.

Tata Steel

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

The level 555 is crucial for short term. Positional Traders, trade long above 555 for a target of 565. Trade short below 555 for a target of 530.