Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 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 1040. Trade short below 1020 for a target of 980.

SBI

Today, 2910 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2910 is crucial for short term. Positional Traders, trade long above 2910, for a target of 2990. Trade short below 2910 for a target of 2800.

Axis Bank

Today, 1350 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1350 is crucial for short term. Positional Traders, trade long above 1350, for a target of 1380. Trade short below 1350 for a target of 1300.

Icici Bank

Today, 1140 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1140 is crucial for short term. Positional Traders, trade long above 1140 for a target of 1200. Trade short below 1140 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.