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

Reliance

Today, 920 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 940. Trade short below 920 for a target of 875.

SBI

Today, 248 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 248 is crucial for short term. Positional Traders, trade long above 248 for a target of 260. Trade short below 248 for a target of 235.

Axis Bank

Today, 500 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 500 is crucial for short term. Positional Traders, trade long above 500 for a target of 520. Trade short below 500 for a target of 490.

Icici Bank

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 285.

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 280. Trade short below 260 for a target of 250.