Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 May 2015

Reliance

Today, 900 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 940. Trade short below 900 for a target of 885.

SBI

Today, 273 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 273 is crucial for short term. Positional Traders, trade long above 273 for a target of 287. Trade short below 273 for a target of 265.

Axis Bank

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

The level 550 is crucial for short term. Positional Traders, trade long above 550 for a target of 575. Trade short below 550 for a target of 540.

Icici Bank

Today, 327 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 327 is crucial for short term. Positional Traders, trade long above 327 for a target of 335. Trade short below 327 for a target of 315.

Tata Steel

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

The level 380 is crucial for short term. Positional Traders, trade long above 380 for a target of 390. Trade short below 380 for a target of 370.