Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 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 1005. Trade short below 980 for a target of 930.

SBI

Today, 2980 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2980 is crucial for short term. Positional Traders, trade long above 2980, for a target of 3040. Trade short below 2980 for a target of 2880.

Axis Bank

Today, 1440 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1440 is crucial for short term. Positional Traders, trade long above 1440, for a target of 1560. Trade short below 1440 for a target of 1320.

Icici Bank

Today, 1180 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1180 is crucial for short term. Positional Traders, trade long above 1180 for a target of 1240. Trade short below 1180 for a target of 1130.

Tata Steel

Today, 625 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 625 is crucial for short term. Positional Traders, trade long above 625, for a target of 650. Trade short below 625 for a target of 585.