Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Intraday Trading Calls - 21 August 2014

Date 21/8/14, Time 09.27 - Sell Nity Fut below 7893 Stop 7915. Target 7840.                                         
                      Time 09.27 - Sell ICICI Bank Fut below 1545 Stop 1550. Target 1520.
                      Time 10.29 - Sell ICICI Bank Fut below 1555 Stop 1560. Target 1520.
                      Time 10.43 - Sell Nity Fut below 7935 Stop 7955. Target 7840.
                      Time 10.46 - Sell ICICI Bank Fut below 1560 Stop 1565. Target 1520.