Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 1 August 2014

Reliance

Today, 995 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 1025. Trade short below 995 for a target of 975.

SBI

Today, 2430 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2430 is crucial for short term. Positional Traders, trade long above 2430 for a target of 2470. Trade short below 2430 for a target of 2390.

Axis Bank

Today, 392 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 392 is crucial for short term. Positional Traders, trade long above 392 for a target of 405. Trade short below 392 for a target of 380.

Icici Bank

Today, 1445 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1445 is crucial for short term. Positional Traders, trade long above 1445 for a target of 1520. Trade short below 1445 for a target of 1410.

Tata Steel

Today, 550 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 550 is crucial for short term. Positional Traders, trade long above 550 for a target of 560. Trade short below 550 for a target of 530.