Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 May 2015

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 940. Trade short below 890 for a target of 880.

SBI

Today, 285 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 285 is crucial for short term. Positional Traders, trade long above 285 for a target of 320. Trade short below 285 for a target of 275.

Axis Bank

Today, 555 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 555 is crucial for short term. Positional Traders, trade long above 555 for a target of 580. Trade short below 555 for a target of 545.

Icici Bank

Today, 310 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 310 is crucial for short term. Positional Traders, trade long above 310 for a target of 340. Trade short below 310 for a target of 300.

Tata Steel

Today, 340 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 340 is crucial for short term. Positional Traders, trade long above 340 for a target of 375. Trade short below 340 for a target of 330.