Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 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 1080. Trade short below 1050 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, 1560 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1560 is crucial for short term. Positional Traders, trade long above 1560, for a target of 1590. Trade short below 1560 for a target of 1470.

Icici Bank

Today, 1145 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1145 is crucial for short term. Positional Traders, trade long above 1145, for a target of 1170. Trade short below 1145 for a target of 1090.

Tata Steel

Today, 655 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 655 is crucial for short term. Positional Traders, trade long above 655, for a target of 700. Trade short below 655 for a target of 600.