Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 December 2010

Reliance

Today, 1060 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1060 is crucial for short term. Positional Traders, trade long above 1060, for a target of 1075. Trade short below 1060 for a target of 1020.

SBI

Today, 2800 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2800 is crucial for short term. Positional Traders, trade long above 2800, for a target of 2850. Trade short below 2800 for a target of 2680.

Axis Bank

Today, 1310 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1310 is crucial for short term. Positional Traders, trade long above 1310, for a target of 1350. Trade short below 1310 for a target of 1260.

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

The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 660. Trade short below 645 for a target of 615.