Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 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, 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, 1555 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1555 is crucial for short term. Positional Traders, trade long above 1555, for a target of 1630. Trade short below 1555 for a target of 1500.

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

The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 700. Trade short below 645 for a target of 600.