Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 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, 1450 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1450 is crucial for short term. Positional Traders, trade long above 1450, for a target of 1500. Trade short below 1450 for a target of 1390.

Icici Bank

Today, 1190 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1190 is crucial for short term. Positional Traders, trade long above 1190 for a target of 1245. Trade short below 1190 for a target of 1130.

Tata Steel

Today, 630 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 630 is crucial for short term. Positional Traders, trade long above 630, for a target of 650. Trade short below 630 for a target of 585.