Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 08 May 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 900. Trade short below 860 for a target of 840.

SBI

Today, 270 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 270 is crucial for short term. Positional Traders, trade long above 270 for a target of 290. Trade short below 270 for a target of 255.

Axis Bank

Today, 520 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 520 is crucial for short term. Positional Traders, trade long above 520 for a target of 550. Trade short below 520 for a target of 500.

Icici Bank

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 295.

Tata Steel

Today, 360 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 360 is crucial for short term. Positional Traders, trade long above 360 for a target of 410. Trade short below 360 for a target of 350.