Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 December 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, 3070 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3070 is crucial for short term. Positional Traders, trade long above 3070, for a target of 3160. Trade short below 3070 for a target of 3000.

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 1480. Trade short below 1450 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 1200. Trade short below 1180 for a target of 1075.

Tata Steel

Today, 605 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 605 is crucial for short term. Positional Traders, trade long above 605, for a target of 630. Trade short below 605 for a target of 560.