Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 October 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 950. Trade short below 940 for a target of 915

SBI

Today, 245 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 245 is crucial for short term. Positional Traders, trade long above 245 for a target of 250. Trade short below 245 for a target of 235.

Axis Bank

Today, 490 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 490 is crucial for short term. Positional Traders, trade long above 490 for a target of 495. Trade short below 490 for a target of 440.

Icici Bank

Today, 267 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 267 is crucial for short term. Positional Traders, trade long above 267 for a target of 275. Trade short below 267 for a target of 250.

Tata Steel

Today, 225 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 225 is crucial for short term. Positional Traders, trade long above 225 for a target of 235. Trade short below 225 for a target of 205.