Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 November 2010

Reliance

Today, 1020 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020, for a target of 1060. Trade short below 1020 for a target of 980.

SBI

Today, 3040 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3040 is crucial for short term. Positional Traders, trade long above 3040, for a target of 3130. Trade short below 3040 for a target of 2950.

Axis Bank

Today, 1480 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1480 is crucial for short term. Positional Traders, trade long above 1480, for a target of 1500. Trade short below 1480 for a target of 1440.

Icici Bank

Today, 1215 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1215 is crucial for short term. Positional Traders, trade long above 1215 for a target of 1245. Trade short below 1215 for a target of 1170.

Tata Steel

Today, 610 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 610 is crucial for short term. Positional Traders, trade long above 610, for a target of 630. Trade short below 610 for a target of 585.