Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 August 2010

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1055. Trade short below 1025 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 2420.

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

The level 525 is crucial for short term. Positional Traders, trade long above 525, for a target of 555. Trade short below 525 for a target of 490.