Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 August 2015

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 1000. Trade short below 940 for a target of 945.

SBI

Today, 275 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 275 is crucial for short term. Positional Traders, trade long above 275 for a target of 290. Trade short below 275 for a target of 255.

Axis Bank

Today, 540 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 540 is crucial for short term. Positional Traders, trade long above 540 for a target of 565. Trade short below 540 for a target of 530.

Icici Bank

Today, 305 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 305 is crucial for short term. Positional Traders, trade long above 305 for a target of 315. Trade short below 305 for a target of 295.

Tata Steel

Today, 240 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 240 is crucial for short term. Positional Traders, trade long above 240 for a target of 255. Trade short below 240 for a target of 220.