Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 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, 2460 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2460 is crucial for short term. Positional Traders, trade long above 2460, for a target of 2500. Trade short below 2460 for a target of 2420.

Axis Bank

Today, 1350 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1350 is crucial for short term. Positional Traders, trade long above 1350, for a target of 1400. Trade short below 1350 for a target of 1290.

Icici Bank

Today, 910 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 910 is crucial for short term. Positional Traders, trade long above 910, for a target of 930. Trade short below 910 for a target of 875.

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 510, for a target of 550. Trade short below 520 for a target of 490.