Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 November 2010

Reliance

Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1120 is crucial for short term. Positional Traders, trade long above 1120, for a target of 1150. Trade short below 1120 for a target of 1070.

SBI

Today, 3250 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3250 is crucial for short term. Positional Traders, trade long above 3250, for a target of 3320. Trade short below 3250 for a target of 3160.

Axis Bank

Today, 1560 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1560 is crucial for short term. Positional Traders, trade long above 1560, for a target of 1590. Trade short below 1560 for a target of 1520.

Icici Bank

Today, 1245 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1245 is crucial for short term. Positional Traders, trade long above 1245 for a target of 1290. Trade short below 1245 for a target of 1210.

Tata Steel

Today, 642 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 642 is crucial for short term. Positional Traders, trade long above 642, for a target of 660. Trade short below 642 for a target of 615.