Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 January 2016

Reliance

Today, 1025 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025 for a target of 1040. Trade short below 1025 for a target of 1000

SBI

Today, 185 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 185 is crucial for short term. Positional Traders, trade long above 185 for a target of 190. Trade short below 185 for a target of 170.

Axis Bank

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

The level 385 is crucial for short term. Positional Traders, trade long above 385 for a target of 400. Trade short below 385 for a target of 350.

Icici Bank

Today, 225 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 225 is crucial for short term. Positional Traders, trade long above 225 for a target of 235. Trade short below 225 for a target of 200.

Tata Steel

Today, 240 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 240 is crucial for short term. Positional Traders, trade long above 240 for a target of 250. Trade short below 240 for a target of 210.