Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 08 September 2014

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 1050. Trade short below 1020 for a target of 1005.

Intraday Trading Calls - 05 September 2014

Date 05/9/14, Time 12.28 - Buy Reliance inds at 1025 Stop 1020. Target 1040.
                       Time 12.28 - Buy DLF at 172.50 Stop 170.50. Target 178.
                       Time 12.28 - Buy Nifty Fut at 8100 Stop 8080. Target 8150.