Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 December 2014

Reliance

Today, 870 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 900. Trade short below 870 for a target of 860.

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 Traders, trade long above 300 for a target of 330. Trade short below 300 for a target of 290.

Axis Bank

Today, 475 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 475 is crucial for short term. Positional Traders, trade long above 475 for a target of 510. Trade short below 475 for a target of 460.

Icici Bank

Today, 330 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 330 is crucial for short term. Positional Traders, trade long above 330 for a target of 365. Trade short below 330 for a target of 320.

Tata Steel

Today, 395 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 395 is crucial for short term. Positional Traders, trade long above 395 for a target of 430. Trade short below 395 for a target of 385.