Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 January 2011

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1025 for a target of 980.

SBI

Today, 2520 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2650 is crucial for short term. Positional Traders, trade long above 2650, for a target of 2720. Trade short below 2650 for a target of 2520.

Axis Bank

Today, 1340 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1340 is crucial for short term. Positional Traders, trade long above 1340, for a target of 1370. Trade short below 1340 for a target of 1260.

Icici Bank

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 1085. Trade short below 1040 for a target of 940.

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 695. Trade short below 665 for a target of 620.