Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 October 2010

Reliance

Today, 1095 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1095 is crucial for short term. Positional Traders, trade long above 1095, for a target of 1110. Trade short below 1095 for a target of 1020.

SBI

Today, 3200 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3200 is crucial for short term. Positional Traders, trade long above 3200, for a target of 3250. Trade short below 3200 for a target of 3070.

Axis Bank

Today, 1525 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1525 is crucial for short term. Positional Traders, trade long above 1525, for a target of 1590. Trade short below 1525 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.