Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 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, 2410 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2410 is crucial for short term. Positional Traders, trade long above 2410, for a target of 2460. Trade short below 2410 for a target of 2350.

Axis Bank

Today, 1320 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1320 is crucial for short term. Positional Traders, trade long above 1320, for a target of 1350. Trade short below 1320 for a target of 1250.

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

The level 510 is crucial for short term. Positional Traders, trade long above 510, for a target of 530. Trade short below 510 for a target of 490.