Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 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 1050.

SBI

Today, 3050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3050 is crucial for short term. Positional Traders, trade long above 3050, for a target of 3150. Trade short below 3050 for a target of 2850.

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 1170.

Tata Steel

Today, 615 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 615 is crucial for short term. Positional Traders, trade long above 615, for a target of 640. Trade short below 615 for a target of 590.