Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 August 2015

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 1020. Trade short below 1000 for a target of 980.

SBI

Today, 290 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 290 is crucial for short term. Positional Traders, trade long above 290 for a target of 300. Trade short below 290 for a target of 280.

Axis Bank

Today, 585 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 585 is crucial for short term. Positional Traders, trade long above 585 for a target of 600. Trade short below 585 for a target of 575.

Icici Bank

Today, 310 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 310 is crucial for short term. Positional Traders, trade long above 310 for a target of 330. Trade short below 310 for a target of 305.

Tata Steel

Today, 260 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 260 is crucial for short term. Positional Traders, trade long above 260 for a target of 265. Trade short below 260 for a target of 255.