Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 November 2010

Reliance

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1020. Trade short below 980 for a target of 930.

SBI

Today, 3000 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3000 is crucial for short term. Positional Traders, trade long above 3000, for a target of 3040. Trade short below 3000 for a target of 2880.

Axis Bank

Today, 1385 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1385 is crucial for short term. Positional Traders, trade long above 1385, for a target of 1440. Trade short below 1385 for a target of 1320.

Icici Bank

Today, 1175 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1175 is crucial for short term. Positional Traders, trade long above 1175 for a target of 1200. Trade short below 1175 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.