Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 August 2010

Reliance

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 975 is crucial for short term. Positional Traders, trade long above 975, for a target of 1000. Trade short below 975 for a target of 925.

SBI

Today, 2810 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2810 is crucial for short term. Positional Traders, trade long above 2810, for a target of 2845. Trade short below 2810 for a target of 2670.

Axis Bank

Today, 1345 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1345 is crucial for short term. Positional Traders, trade long above 1345, for a target of 1400. Trade short below 1345 for a target of 1270.

Icici Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1000 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1020. Trade short below 1005 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.