Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 July 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 1100. Trade short below 1050 for a target of 1000.

SBI

Today, 2385 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2385 is crucial for short term. Positional Traders, trade long above 2385, for a target of 2410. Trade short below 2385 for a target of 2320.

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, 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 850.

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 510. Trade short below 490 for a target of 470.