Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 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 1095. Trade short below 1050 for a target of 1020.

SBI

Today, 3135 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3135 is crucial for short term. Positional Traders, trade long above 3135, for a target of 3200. Trade short below 3135 for a target of 3040.

Axis Bank

Today, 1470 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1470 is crucial for short term. Positional Traders, trade long above 1470, for a target of 1500. Trade short below 1470 for a target of 1430.

Icici Bank

Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1125 is crucial for short term. Positional Traders, trade long above 1125 for a target of 1150. Trade short below 1125 for a target of 1085.

Tata Steel

Today, 635 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 635 is crucial for short term. Positional Traders, trade long above 635, for a target of 655. Trade short below 635 for a target of 590.