Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 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 1140. Trade short below 1050 for a target of 975.

SBI

Today, 2340 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2340 is crucial for short term. Positional Traders, trade long above 2350, for a target of 2400. Trade short below 2350 for a target of 2250.

Axis Bank

Today, 1190 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1190 is crucial for short term. Positional Traders, trade long above 1190, for a target of 1250. Trade short below 1190 for a target of 1150.

Icici Bank

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 860 is crucial for short term. Positional Traders, trade long above 860, for a target of 910. Trade short below 860 for a target of 840.

Tata Steel

Today, 475 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 475 is crucial for short term. Positional Traders, trade long above 475, for a target of 510. Trade short below 475 for a target of 450.