Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 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, 2840 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2840 is crucial for short term. Positional Traders, trade long above 2840, for a target of 2910. Trade short below 2840 for a target of 2750.

Axis Bank

Today, 1250 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1250 is crucial for short term. Positional Traders, trade long above 1250, for a target of 1300. Trade short below 1250 for a target of 1200.

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.