Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 January 2016

Reliance

Today, 1020 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1030. Trade short below 1020 for a target of 980

SBI

Today, 175 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 175 is crucial for short term. Positional Traders, trade long above 175 for a target of 180. Trade short below 175 for a target of 165.

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

The level 230 is crucial for short term. Positional Traders, trade long above 230 for a target of 235. Trade short below 230 for a target of 215.

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.