Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 December 2010

Reliance

Today, 1065 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1065 is crucial for short term. Positional Traders, trade long above 1065, for a target of 1100. Trade short below 1065 for a target of 1020.

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 2600.

Axis Bank

Today, 1330 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1330. Trade short below 1260 for a target of 1200.

Icici Bank

Today, 1145 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 1145. Trade short below 1080 for a target of 1020.

Tata Steel

Today, 665 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 665 is crucial for short term. Positional Traders, trade long above 665, for a target of 625. Trade short below 665 for a target of 685.