Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 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 1065. Trade short below 1040 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, 1300 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1300 is crucial for short term. Positional Traders, trade long above 1300, for a target of 1330. Trade short below 1300 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 1145 is crucial for short term. Positional Traders, trade long above 1145 for a target of 1175. Trade short below 1145 for a target of 1080.

Tata Steel

Today, 655 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 655 is crucial for short term. Positional Traders, trade long above 655, for a target of 625. Trade short below 655 for a target of 675.