Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 9 January 2015

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 875. Trade short below 850 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, 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 365. Trade short below 345 for a target of 340.

Tata Steel

Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 405 is crucial for short term. Positional Traders, trade long above 405 for a target of 415. Trade short below 405 for a target of 395.