Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 November 2010

Reliance

Today, 1070 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070, for a target of 1105. Trade short below 1070 for a target of 1035.

SBI

Today, 3240 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3240 is crucial for short term. Positional Traders, trade long above 3240, for a target of 3310. Trade short below 3240 for a target of 3160.

Axis Bank

Today, 1540 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1540 is crucial for short term. Positional Traders, trade long above 1540, for a target of 1600. Trade short below 1540 for a target of 1470.

Icici Bank

Today, 1250 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1250 is crucial for short term. Positional Traders, trade long above 1250 for a target of 1300. Trade short below 1250 for a target of 1170.

Tata Steel

Today, 590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 590 is crucial for short term. Positional Traders, trade long above 635, for a target of 630. Trade short below 590 for a target of 560.