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

0Reliance

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1100 is crucial for short term. Positional Traders, trade long above 1100, for a target of 1140. Trade short below 1100 for a target of 1050.

SBI

Today, 2320 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2320 is crucial for short term. Positional Traders, trade long above 2320, for a target of 2450. Trade short below 2320 for a target of 2250.

Axis Bank

Today, 1255 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1255 is crucial for short term. Positional Traders, trade long above 1255, for a target of 1290. Trade short below 1255 for a target of 1190.

Icici Bank

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 835 is crucial for short term. Positional Traders, trade long above 835, for a target of 880. Trade short below 835 for a target of 810.

Tata Steel

Today, 470 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 470 is crucial for short term. Positional Traders, trade long above 490, for a target of 490. Trade short below 470 for a target of 450.