Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 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, 2750 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2750 is crucial for short term. Positional Traders, trade long above 2750, for a target of 2800. Trade short below 2750 for a target of 2600.

Axis Bank

Today, 1320 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1320 is crucial for short term. Positional Traders, trade long above 1320, for a target of 1350. Trade short below 1320 for a target of 1260.

Icici Bank

Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1135. Trade short below 1080 for a target of 1020.

Tata Steel

Today, 660 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 660 is crucial for short term. Positional Traders, trade long above 660, for a target of 600. Trade short below 660 for a target of 685.