Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 December 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 1050. Trade short below 1020 for a target of 980.

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, 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 640. Trade short below 630 for a target of 590.