Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 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 1070. 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, 1495 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1495 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, 1130 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1130 is crucial for short term. Positional Traders, trade long above 1130 for a target of 1160. Trade short below 1130 for a target of 1085.

Tata Steel

Today, 630 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 630 is crucial for short term. Positional Traders, trade long above 630, for a target of 655. Trade short below 630 for a target of 590.