Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 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, 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 3050.

Axis Bank

Today, 1520 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1520 is crucial for short term. Positional Traders, trade long above 1520, for a target of 1560. Trade short below 1520 for a target of 1440.

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.