Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 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, 3160 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3160 is crucial for short term. Positional Traders, trade long above 3160, for a target of 3250. Trade short below 3160 for a target of 3060.

Axis Bank

Today, 1435 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1435 is crucial for short term. Positional Traders, trade long above 1435, for a target of 1470. Trade short below 1435 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, 610 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.