Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 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 1020. Trade short below 1010 for a target of 970

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

The level 425 is crucial for short term. Positional Traders, trade long above 425 for a target of 440. Trade short below 425 for a target of 390.

Icici Bank

Today, 235 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 235 is crucial for short term. Positional Traders, trade long above 235 for a target of 245. Trade short below 235 for a target of 220.

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.