Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 8 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 845.

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 310. Trade short below 305 for a target of 297.

Axis Bank

Today, 505 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 505 is crucial for short term. Positional Traders, trade long above 505 for a target of 515. Trade short below 505 for a target of 495.

Icici Bank

Today, 345 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 345 is crucial for short term. Positional Traders, trade long above 345 for a target of 355. Trade short below 345 for a target of 340.

Tata Steel

Today, 385 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 385 is crucial for short term. Positional Traders, trade long above 385 for a target of 415. Trade short below 385 for a target of 380.