Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 August 2010

Reliance

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1010. Trade short below 980 for a target of 950.

SBI

Today, 2800 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2800 is crucial for short term. Positional Traders, trade long above 2800, for a target of 2850. Trade short below 2800 for a target of 2670.

Axis Bank

Today, 1305 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1305 is crucial for short term. Positional Traders, trade long above 1305, for a target of 1340. Trade short below 1305 for a target of 1260.

Icici Bank

Today, 985 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 985 is crucial for short term. Positional Traders, trade long above 985, for a target of 1020. Trade short below 985 for a target of 940.

Tata Steel

Today, 530 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 530 is crucial for short term. Positional Traders, trade long above 530, for a target of 555. Trade short below 530 for a target of 490.