Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 October 2010

Reliance

Today, 1105 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1105 is crucial for short term. Positional Traders, trade long above 1105, for a target of 1125. Trade short below 1105 for a target of 1050.

SBI

Today, 3220 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3220 is crucial for short term. Positional Traders, trade long above 3220, for a target of 3250. Trade short below 3220 for a target of 3080.

Axis Bank

Today, 1440 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1440 is crucial for short term. Positional Traders, trade long above 1440, for a target of 1490. Trade short below 1440 for a target of 1380.

Icici Bank

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 1140. Trade short below 1095 for a target of 1035.

Tata Steel

Today, 615 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.