Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 October 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 1050. Trade short below 1025 for a target of 990.

SBI

Today, 3280 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3280 is crucial for short term. Positional Traders, trade long above 3280, for a target of 3330. Trade short below 3280 for a target of 3160.

Axis Bank

Today, 1590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1590 is crucial for short term. Positional Traders, trade long above 1590, for a target of 1630. Trade short below 1590 for a target of 1540.

Icici Bank

Today, 1155 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1155 is crucial for short term. Positional Traders, trade long above 1155, for a target of 1200. Trade short below 1155 for a target of 1090.

Tata Steel

Today, 680 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 680 is crucial for short term. Positional Traders, trade long above 680, for a target of 700. Trade short below 680 for a target of 630.