Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 January 2018

Reliance

Today, 930 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional long trades can be initiated above 930 for a target of 950. Trade short below 930 for a target of 905.

SBI

Today, 300 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 300 is crucial for short term. Positional long trades can be initiated above 300 for a target of 320. Trade short below 300 for a target of 290.

Axis Bank

Today, 555 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 555 is crucial for short term. Positional long trades can be initiated above 555 for a target of 570. Trade short below 555 for a target of 545.

Icici Bank

Today, 320 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 320 is crucial for short term. Positional long trades can be initiated above 320 for a target of 330. Trade short below 320 for a target of 310.

Tata Steel

Today, 760 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 760 is crucial for short term. Positional long trades can be initiated above 760 for a target of 785. Trade short below 760 for a target of 750.