Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 July 2010

Reliance

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030, for a target of 1055. Trade short below 1030 for a target of 970.

SBI

Today, 2480 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2480 is crucial for short term. Positional Traders, trade long above 2480, for a target of 2520. Trade short below 2480 for a target of 2390.

Axis Bank

Today, 1370 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1370 is crucial for short term. Positional Traders, trade long above 1370, for a target of 1420. Trade short below 1370 for a target of 1290.

Icici Bank

Today, 940 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 940 is crucial for short term. Positional Traders, trade long above 940, for a target of 970. Trade short below 940 for a target of 910.

Tata Steel

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

The level 520 is crucial for short term. Positional Traders, trade long above 520, for a target of 555. Trade short below 520 for a target of 490.