Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 January 2016

Reliance

Today, 1090 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1110. Trade short below 1090 for a target of 1040

SBI

Today, 185 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 185 is crucial for short term. Positional Traders, trade long above 185 for a target of 195. Trade short below 185 for a target of 170.

Axis Bank

Today, 370 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 370 is crucial for short term. Positional Traders, trade long above 370 for a target of 390. Trade short below 370 for a target of 350.

Icici Bank

Today, 220 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 220 is crucial for short term. Positional Traders, trade long above 220 for a target of 235. Trade short below 220 for a target of 200.

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 245. Trade short below 225 for a target of 210.