Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 8 August 2014

Reliance

Today, 1000 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1015. Trade short below 1000 for a target of 950.

SBI

Today, 2450 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2450 is crucial for short term. Positional Traders, trade long above 2450 for a target of 2490. Trade short below 2450 for a target of 2340.

Axis Bank

Today, 380 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 380 is crucial for short term. Positional Traders, trade long above 380 for a target of 395. Trade short below 380 for a target of 365.

Icici Bank

Today, 1440 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1440 is crucial for short term. Positional Traders, trade long above 1440 for a target of 1465. Trade short below 1440 for a target of 1390.

Tata Steel

Today, 565 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 565 is crucial for short term. Positional Traders, trade long above 565 for a target of 575. Trade short below 565 for a target of 530.