Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 January 2015

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 875. Trade short below 850 for a target of 840.

SBI

Today, 315 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 315 is crucial for short term. Positional Traders, trade long above 315 for a target of 330. Trade short below 315 for a target of 305.

Axis Bank

Today, 510 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 510 is crucial for short term. Positional Traders, trade long above 510 for a target of 530. Trade short below 510 for a target of 500.

Icici Bank

Today, 345 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 345 is crucial for short term. Positional Traders, trade long above 345 for a target of 360. Trade short below 345 for a target of 335.

Tata Steel

Today, 375 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 375 is crucial for short term. Positional Traders, trade long above 375 for a target of 395. Trade short below 375 for a target of 365.