Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 December 2010

Reliance

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1060. Trade short below 1040 for a target of 1000.

SBI

Today, 2740 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2740 is crucial for short term. Positional Traders, trade long above 2740, for a target of 2800. Trade short below 2740 for a target of 2680.

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 1280.

Icici Bank

Today, 1135 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1135 is crucial for short term. Positional Traders, trade long above 1135 for a target of 1160. Trade short below 1135 for a target of 1080.

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 645. Trade short below 630 for a target of 590.