Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 January 2015

Reliance

Today, 860 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 875. Trade short below 860 for a target of 840.

SBI

Today, 305 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 305 is crucial for short term. Positional Traders, trade long above 305 for a target of 320. Trade short below 305 for a target of 300.

Axis Bank

Today, 490 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 490 is crucial for short term. Positional Traders, trade long above 490 for a target of 505. Trade short below 490 for a target of 480.

Icici Bank

Today, 335 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 335 is crucial for short term. Positional Traders, trade long above 335 for a target of 365. Trade short below 335 for a target of 325.

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 420. Trade short below 395 for a target of 385.