Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 06 September 2010

Reliance

Today, 935 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 960 is crucial for short term. Positional Traders, trade long above 960, for a target of 1000. Trade short below 960 for a target of 900.

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, 1385 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1385 is crucial for short term. Positional Traders, trade long above 1385, for a target of 1410. Trade short below 1385 for a target of 1345.

Icici Bank

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1020. Trade short below 990 for a target of 940.

Tata Steel

Today, 537 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.