Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 October 2010

Reliance

Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1100. Trade short below 1050 for a target of 1025.

SBI

Today, 3250 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, 1580 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1580 is crucial for short term. Positional Traders, trade long above 1580, for a target of 1630. Trade short below 1580 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.