Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 01 June 2010

Reliance

Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1090. Trade short below 1050 for a target of 1015.

SBI

Today, 2280 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2280 is crucial for short term. Positional Traders, trade long above 2280, for a target of 2320. Trade short below 2280 for a target of 2130.

Axis Bank

Today, 1240 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1240 is crucial for short term. Positional Traders, trade long above 1240, for a target of 1285. Trade short below 1240 for a target of 1130.

Icici Bank

Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 880 is crucial for short term. Positional Traders, trade long above 880, for a target of 910. Trade short below 880 for a target of 840.

Tata Steel

Today, 490 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 490 is crucial for short term. Positional Traders, trade long above 490, for a target of 520. Trade short below 490 for a target of 450.