Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 October 2010

Reliance

Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055, for a target of 1100. Trade short below 1055 for a target of 1020.

SBI

Today, 3260 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3260 is crucial for short term. Positional Traders, trade long above 3260, for a target of 3330. Trade short below 3260 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, 1150 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1150 is crucial for short term. Positional Traders, trade long above 1150, for a target of 1200. Trade short below 1150 for a target of 1090.

Tata Steel

Today, 640 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 640 is crucial for short term. Positional Traders, trade long above 640, for a target of 700. Trade short below 640 for a target of 600.