Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 January 2016

Reliance

Today, 1010 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1030. Trade short below 1010 for a target of 980

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 190. Trade short below 185 for a target of 170.

Axis Bank

Today, 400 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 410. Trade short below 400 for a target of 350.

Icici Bank

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

The level 225 is crucial for short term. Positional Traders, trade long above 225 for a target of 230. Trade short below 225 for a target of 200.

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 250. Trade short below 240 for a target of 210.